Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
MIAX PUTS ISSUES TOTAL (DTN:@IPMT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 @IPMT
The long term trend has been UP since May 17th, 2017 at 9969
The intermediate term trend has been UP since Feb 2nd, 2018 at 10929
The short term trend has been DOWN since Feb 22nd, 2018 at 62
Smart Scan Analysis for @IPMT
Based on a pre-defined weighted trend formula for chart analysis, @IPMT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).