Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ OMX BX EQUITY ONLY PUTS ISSUES UNCH (DTN:@IPTRU)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 @IPTRU
The long term trend has been DOWN since Jul 6th, 2018 at 11
The intermediate term trend has been UP since Oct 10th, 2018 at 22
The short term trend has been DOWN since Oct 15th, 2018 at 19
Smart Scan Analysis for @IPTRU
Based on a pre-defined weighted trend formula for chart analysis, @IPTRU scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).