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Index Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

FIRST TRUST TAXABLE FIXED INCOME CLOSED (CME:TXCEF)

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_TXCEF
Open High Low TXCEF Price Change
707.87 707.91 701.44 701.98 -8.08
Entry Signal

MarketClub’s Trade Triangles for TXCEF

long term down The long term trend has been DOWN since Oct 4th, 2018 at 765.65

intermediate term down The intermediate term trend has been DOWN since Sep 17th, 2018 at 771.46

short term down The short term trend has been DOWN since Dec 6th, 2018 at 717.61

Smart Scan Analysis for TXCEF

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

-100
Smart Scan Analysis for TXCEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
707.87 707.91 701.44 701.98 -8.08
Prev. Close Volume Bid Ask Time
718.27 0 2018-12-14 16:20:02
52wk High798.652wk High Date2018-01-09
52wk Low706.9652wk Low Date2018-11-23
Want to analyze FIRST TRUST TAXABLE FIXED INCOME CLOSED TXCEF or another symbol? Try our Free Index Trend Analysis Report.