Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NASDAQ OMX BX PUTS ISSUES TOTAL (DTN:@IPTT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @IPTT
The long term trend has been UP since Jan 16th, 2018 at 2164
The intermediate term trend has been DOWN since Nov 12th, 2018 at 6
The short term trend has been UP since Nov 13th, 2018 at 1735
Smart Scan Analysis for @IPTT
Based on a pre-defined weighted trend formula for chart analysis, @IPTT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).