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Index Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

Optimized Roll Commodity Excess Return Index (CME:EBCIWTE)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_EBCIWTE
Open High Low EBCIWTE Price Change
203.21 204.65 202.90 204.60 +1.70
Entry Signal

MarketClub’s Trade Triangles for EBCIWTE

long term up The long term trend has been UP since Sep 16th, 2019 at 206.88

intermediate term up The intermediate term trend has been UP since Dec 10th, 2019 at 203.13

short term up The short term trend has been UP since Dec 5th, 2019 at 201.08

Smart Scan Analysis for EBCIWTE

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

+100
Smart Scan Analysis for EBCIWTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
203.21 204.65 202.90 204.60 +1.70
Prev. Close Volume Bid Ask Time
201.88 0 2019-12-12 13:24:58
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