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Index Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

MORNINGSTAR US GROWTH INDEX (CME:MGRO)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_MGRO
Open High Low MGRO Price Change
2656.97 2661.25 2630.99 2631.74 -30.87
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 down The intermediate term trend has been DOWN since Aug 9th, 2017 at 2647.63

short term down The short term trend has been DOWN since Aug 17th, 2017 at 2647.10

Smart Scan Analysis for MGRO

Based on a pre-defined weighted trend formula for chart analysis, MGRO scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MGRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2656.97 2661.25 2630.99 2631.74 -30.87
Prev. Close Volume Bid Ask Time
2662.61 0 2017-08-17 15:00:47
52wk High2707.2252wk High Date2017-07-27
52wk Low2153.0152wk Low Date2016-11-04
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