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Index Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

MORNINGSTAR LG-CAP INDEX (CME:MLCP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_MLCP
Open High Low MLCP Price Change
5825.53 5827.53 5754.46 5775.34 -50.90
Entry Signal

MarketClub’s Trade Triangles for MLCP

long term down The long term trend has been DOWN since Feb 9th, 2018 at 5528.99

intermediate term up The intermediate term trend has been UP since Apr 16th, 2018 at 5797.42

short term down The short term trend has been DOWN since Apr 20th, 2018 at 5801.63

Smart Scan Analysis for MLCP

Based on a pre-defined weighted trend formula for chart analysis, MLCP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MLCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5825.53 5827.53 5754.46 5775.34 -50.90
Prev. Close Volume Bid Ask Time
5775.34 0 2018-04-20 16:03:02
52wk High6216.0352wk High Date2018-01-26
52wk Low5028.552wk Low Date2017-04-20
Want to analyze MORNINGSTAR LG-CAP INDEX MLCP or another symbol? Try our Free Index Trend Analysis Report.