Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
MIAX PUTS ISSUES TOTAL (DTN:@IPMT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @IPMT
The long term trend has been UP since May 17th, 2017 at 9969
The intermediate term trend has been DOWN since Nov 22nd, 2017 at 44
The short term trend has been DOWN since Nov 20th, 2017 at 65
Smart Scan Analysis for @IPMT
Based on a pre-defined weighted trend formula for chart analysis, @IPMT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).