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Index Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

FIRST TRUST TAXABLE FIXED INCOME CLOSED (CME:TXCEF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_TXCEF
Open High Low TXCEF Price Change
767.31 768.15 767.16 768.06 +0.86
Entry Signal

MarketClub’s Trade Triangles for TXCEF

long term down The long term trend has been DOWN since Aug 10th, 2017 at 799.04

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 770.45

short term down The short term trend has been DOWN since Jul 12th, 2018 at 769.66

Smart Scan Analysis for TXCEF

Based on a pre-defined weighted trend formula for chart analysis, TXCEF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TXCEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
767.31 768.15 767.16 768.06 +0.86
Prev. Close Volume Bid Ask Time
768.06 0 2018-07-17 16:10:02
52wk High818.7952wk High Date2017-08-01
52wk Low762.6252wk Low Date2018-02-09
Want to analyze FIRST TRUST TAXABLE FIXED INCOME CLOSED TXCEF or another symbol? Try our Free Index Trend Analysis Report.