Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ EQUITY ONLY PUTS ISSUES TOTAL (DTN:@IPQRT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @IPQRT
The long term trend has been UP since Oct 23rd, 2018 at 20506
The intermediate term trend has been UP since Oct 23rd, 2018 at 20506
The short term trend has been UP since Nov 15th, 2018 at 14075
Smart Scan Analysis for @IPQRT
Based on a pre-defined weighted trend formula for chart analysis, @IPQRT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).