Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
NASDAQ OMX BX PUTS ISSUES UP (DTN:@IPTA)
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 @IPTA
The long term trend has been UP since Jun 24th, 2016 at 2634
The intermediate term trend has been UP since Jan 3rd, 2018 at 950
The short term trend has been UP since Oct 11th, 2018 at 2427
Smart Scan Analysis for @IPTA
Based on a pre-defined weighted trend formula for chart analysis, @IPTA scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).