Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

MERRILL LYNCH FACTOR MODEL INDEX (CME:MLEIFCTR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_MLEIFCTR
Open High Low MLEIFCTR Price Change
2075.56 2078.38 2073.15 2076.78 +2.46
Entry Signal

MarketClub’s Trade Triangles for MLEIFCTR

long term up The long term trend has been UP since Nov 27th, 2016 at 1918.18

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 2082.74

short term down The short term trend has been DOWN since Aug 10th, 2018 at 2091.57

Smart Scan Analysis for MLEIFCTR

Based on a pre-defined weighted trend formula for chart analysis, MLEIFCTR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for MLEIFCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2075.56 2078.38 2073.15 2076.78 +2.46
Prev. Close Volume Bid Ask Time
2075.83 0 2018-08-17 16:20:16
52wk High2101.8752wk High Date2018-01-26
52wk Low1994.5752wk Low Date2017-08-21
Want to analyze MERRILL LYNCH FACTOR MODEL INDEX MLEIFCTR or another symbol? Try our Free Index Trend Analysis Report.