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Index Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

CUSHING 30 MLP INDEX (CME:MLPX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MLPX
Open High Low MLPX Price Change
282.36 282.51 279.99 281.63 -0.14
Entry Signal

MarketClub’s Trade Triangles for MLPX

long term down The long term trend has been DOWN since May 4th, 2017 at 310.95

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2017 at 299.82

short term down The short term trend has been DOWN since Nov 10th, 2017 at 289.70

Smart Scan Analysis for MLPX

Based on a pre-defined weighted trend formula for chart analysis, MLPX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MLPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
282.36 282.51 279.99 281.63 -0.14
Prev. Close Volume Bid Ask Time
281.77 0 2017-11-17 16:01:31
52wk High336.4652wk High Date2017-02-16
52wk Low275.8152wk Low Date2017-11-15
Want to analyze CUSHING 30 MLP INDEX MLPX or another symbol? Try our Free Index Trend Analysis Report.