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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Merrill Lynch Factor Model Exchange Series (CME:MLEIFCTX)
Sidelines Mode (-55) - MLEIFCTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MLEIFCTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLEIFCTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLEIFCTX
The long-term trend has been UP since Dec 1st, 2023 at 2340.01
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2432.37
The short-term trend has been UP since Apr 22nd, 2024 at 2424.71
Smart Scan Analysis for MLEIFCTX
Based on our trend formula, MLEIFCTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2420.07 | 2425.49 | 2420.07 | 2423.73 | +5.81 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2423.95 | 0 | 2024-04-22 16:43:46 |
| 52wk High | 2028.84 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1930.71 | 52wk Low Date | 2018-10-29 |