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Index Trend Analysis Report

Prepared for you on Thursday, October 18, 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
6118.98 6134.47 6058.27 6118.03 +1.70
Entry Signal

MarketClub’s Trade Triangles for MLCP

long term up The long term trend has been UP since Jul 10th, 2018 at 6045.58

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 6244.58

short term up The short term trend has been UP since Oct 16th, 2018 at 6082.32

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
6118.98 6134.47 6058.27 6118.03 +1.70
Prev. Close Volume Bid Ask Time
6118.03 0 2018-10-17 16:03:17
52wk High6403.6152wk High Date2018-10-03
52wk Low5479.8252wk Low Date2018-02-09
Want to analyze MORNINGSTAR LG-CAP INDEX MLCP or another symbol? Try our Free Index Trend Analysis Report.