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Index Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

CUSHING 30 MLP INDEX (CME:MLPX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MLPX
Open High Low MLPX Price Change
314.65 317.48 313.60 317.22 +2.05
Entry Signal

MarketClub’s Trade Triangles for MLPX

long term up The long term trend has been UP since Jan 4th, 2018 at 309.23

intermediate term up The intermediate term trend has been UP since Dec 4th, 2017 at 288.30

short term down The short term trend has been DOWN since Jan 18th, 2018 at 316.47

Smart Scan Analysis for MLPX

Based on a pre-defined weighted trend formula for chart analysis, MLPX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MLPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
314.65 317.48 313.60 317.22 +2.05
Prev. Close Volume Bid Ask Time
317.22 0 2018-01-19 15:58:01
52wk High336.4652wk High Date2017-02-16
52wk Low270.2452wk Low Date2017-11-29
Want to analyze CUSHING 30 MLP INDEX MLPX or another symbol? Try our Free Index Trend Analysis Report.