Index Trend Analysis Report
Prepared for you on Sunday, June 25, 2017.
MIAX PUTS ISSUES DECLINES (DTN:@IPMD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @IPMD
The long term trend has been DOWN since Mar 8th, 2017 at 10
The intermediate term trend has been DOWN since May 23rd, 2017 at 14
The short term trend has been DOWN since Jun 23rd, 2017 at 17
Smart Scan Analysis for @IPMD
Based on a pre-defined weighted trend formula for chart analysis, @IPMD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).