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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

BNY MELLON UTIL CLASSIC ADR INDEX (CME:BKCUT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

CME_BKCUT
Open High Low BKCUT Price Change
759.06 759.47 755.07 757.18 -2.66
Entry Signal

MarketClub’s Trade Triangles for BKCUT

long term down The long term trend has been DOWN since Jun 21st, 2018 at 790.75

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 810.93

short term up The short term trend has been UP since Oct 16th, 2018 at 759.46

Smart Scan Analysis for BKCUT

Based on a pre-defined weighted trend formula for chart analysis, BKCUT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for BKCUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
759.06 759.47 755.07 757.18 -2.66
Prev. Close Volume Bid Ask Time
759.84 0 2018-10-22 16:01:48
52wk High864.9252wk High Date2017-11-08
52wk Low742.0452wk Low Date2018-10-12
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