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Index Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

Cushing MLP Market Cap Index (CME:CMCI)

Long-Term Downtrend (-90) - CMCI is in a strong downtrend that is likely to continue. While CMCI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CMCI?

MarketClub looks at technical strength and momentum to determine if the timing is right for CMCI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_CMCI
Open High Low CMCI Price Change
108.37 108.78 104.66 108.44 -1.75
Entry Signal

MarketClub’s Trade Triangles for CMCI

long term down The long-term trend has been DOWN since Aug 5th, 2019 at 147.25

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 136.90

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 128.37

Smart Scan Analysis for CMCI

Based on our trend formula, CMCI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CMCI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.37 108.78 104.66 108.44 -1.75
Prev. Close Volume Bid Ask Time
141.26 0 2020-02-28 14:33:01
52wk High186.452wk High Date2018-01-24
52wk Low138.5352wk Low Date2018-03-27
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