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Index Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

MORNINGSTAR LG-CAP INDEX (CME:MLCP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_MLCP
Open High Low MLCP Price Change
5582.40 5582.87 5567.24 5569.77 -19.02
Entry Signal

MarketClub’s Trade Triangles for MLCP

long term up The long term trend has been UP since Nov 21st, 2016 at 4706.34

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 5364.50

short term up The short term trend has been UP since Nov 16th, 2017 at 5595.61

Smart Scan Analysis for MLCP

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

+70
Smart Scan Analysis for MLCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5582.40 5582.87 5567.24 5569.77 -19.02
Prev. Close Volume Bid Ask Time
5569.77 0 2017-11-17 16:04:02
52wk High5615.7152wk High Date2017-11-07
52wk Low4681.3352wk Low Date2016-11-21
Want to analyze MORNINGSTAR LG-CAP INDEX MLCP or another symbol? Try our Free Index Trend Analysis Report.