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Index Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

MORNINGSTAR US GROWTH INDEX (CME:MGRO)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MGRO
Open High Low MGRO Price Change
2896.20 2912.78 2894.70 2911.94 +26.54
Entry Signal

MarketClub’s Trade Triangles for MGRO

long term up The long term trend has been UP since Dec 9th, 2016 at 2299.74

intermediate term up The intermediate term trend has been UP since Aug 31st, 2017 at 2686.09

short term up The short term trend has been UP since Dec 4th, 2017 at 2894.56

Smart Scan Analysis for MGRO

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

+100
Smart Scan Analysis for MGRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2896.20 2912.78 2894.70 2911.94 +26.54
Prev. Close Volume Bid Ask Time
2885.4 0 2017-12-15 12:29:32
52wk High2916.752wk High Date2017-12-06
52wk Low2263.3752wk Low Date2016-12-30
Want to analyze MORNINGSTAR US GROWTH INDEX MGRO or another symbol? Try our Free Index Trend Analysis Report.