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Index Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.


Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.

Open High Low MLPX Price Change
294.54 295.33 292.08 292.09 -2.10
Entry Signal

MarketClub’s Trade Triangles for MLPX

long term up The long term trend has been UP since Jun 1st, 2018 at 275.18

intermediate term up The intermediate term trend has been UP since Jul 10th, 2018 at 275.81

short term up The short term trend has been UP since Aug 20th, 2018 at 292.57

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).

Smart Scan Analysis for MLPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
294.54 295.33 292.08 292.09 -2.10
Prev. Close Volume Bid Ask Time
292.09 0 2018-08-21 16:06:16
52wk High328.8252wk High Date2018-01-24
52wk Low241.152wk Low Date2018-03-28
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