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Index Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

S&P MLP INDEX (CME:SPMLP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SPMLP
Open High Low SPMLP Price Change
1451.38 1451.95 1437.66 1442.64 -6.94
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term down The long term trend has been DOWN since Oct 23rd, 2018 at 1483.61

intermediate term down The intermediate term trend has been DOWN since Aug 31st, 2018 at 1588.85

short term down The short term trend has been DOWN since Nov 9th, 2018 at 1435.10

Smart Scan Analysis for SPMLP

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

-100
Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1451.38 1451.95 1437.66 1442.64 -6.94
Prev. Close Volume Bid Ask Time
1449.58 0 2018-11-12 14:50:37
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
Want to analyze S&P MLP INDEX SPMLP or another symbol? Try our Free Index Trend Analysis Report.