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Index Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

EUROPEAN RENEWABLE ENERGY TOTAL RETURN I (CME:ERIXD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

CME_ERIXD
Open High Low ERIXD Price Change
1056.63 1068.67 1056.63 1064.25 +7.62
Entry Signal

MarketClub’s Trade Triangles for ERIXD

long term down The long term trend has been DOWN since Jun 21st, 2018 at 1046.81

intermediate term down The intermediate term trend has been DOWN since May 29th, 2018 at 1095.80

short term down The short term trend has been DOWN since Jul 12th, 2018 at 1056.41

Smart Scan Analysis for ERIXD

Based on a pre-defined weighted trend formula for chart analysis, ERIXD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for ERIXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1056.63 1068.67 1056.63 1064.25 +7.62
Prev. Close Volume Bid Ask Time
1056.63 0 2018-07-16 11:54:33
52wk High1167.9752wk High Date2018-05-22
52wk Low926.4952wk Low Date2017-12-06
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