Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
BATS EQUITY PUTS ISSUES DECLINE (DTN:@IPZED)
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 @IPZED
The long term trend has been UP since Oct 16th, 2018 at 8468
The intermediate term trend has been UP since Oct 16th, 2018 at 8065
The short term trend has been DOWN since Nov 16th, 2018 at 12
Smart Scan Analysis for @IPZED
Based on a pre-defined weighted trend formula for chart analysis, @IPZED scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).