Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
ISE EQUITY PUTS TICKS UP (DTN:@TPIEA)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @TPIEA
The long term trend has been UP since Oct 5th, 2018 at 10404
The intermediate term trend has been DOWN since Oct 16th, 2018 at 218
The short term trend has been DOWN since Nov 13th, 2018 at 352
Smart Scan Analysis for @TPIEA
Based on a pre-defined weighted trend formula for chart analysis, @TPIEA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).