Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

MERRILL LYNCH FACTOR MODEL INDEX (CME:MLEIFCTR)

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_MLEIFCTR
Open High Low MLEIFCTR Price Change
2039.20 2040.40 2037.80 2039.06 -0.29
Entry Signal

MarketClub’s Trade Triangles for MLEIFCTR

long term down The long term trend has been DOWN since Oct 10th, 2018 at 2057.14

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 2014.92

short term up The short term trend has been UP since Jan 15th, 2019 at 2035.24

Smart Scan Analysis for MLEIFCTR

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

+70
Smart Scan Analysis for MLEIFCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2039.20 2040.40 2037.80 2039.06 -0.29
Prev. Close Volume Bid Ask Time
2015.71 0 2019-01-17 06:28:31
52wk High2103.0152wk High Date2018-08-29
52wk Low2002.6352wk Low Date2018-10-29
Want to analyze MERRILL LYNCH FACTOR MODEL INDEX MLEIFCTR or another symbol? Try our Free Index Trend Analysis Report.