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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

FIRST TRUST NORTH AMERICAN ENERGY INFRAS (PACF:EMLP.IV)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

PACF_EMLP.IV
Open High Low EMLP.IV Price Change
23.3746 23.6026 23.3062 23.3797 +0.0051
Entry Signal

MarketClub’s Trade Triangles for EMLP.IV

long term down The long term trend has been DOWN since Oct 11th, 2018 at 23.0367

intermediate term down The intermediate term trend has been DOWN since Aug 31st, 2018 at 23.9662

short term up The short term trend has been UP since Oct 16th, 2018 at 23.4802

Smart Scan Analysis for EMLP.IV

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

-85
Smart Scan Analysis for EMLP.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.3746 23.6026 23.3062 23.3797 +0.0051
Prev. Close Volume Bid Ask Time
23.38 0 2018-10-18 16:27:18
52wk High25.052652wk High Date2017-10-18
52wk Low21.429952wk Low Date2018-03-26
Want to analyze FIRST TRUST NORTH AMERICAN ENERGY INFRAS EMLP.IV or another symbol? Try our Free Index Trend Analysis Report.