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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.
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MarketClub’s Trade Triangles for EBCIWTE
The long term trend has been UP since Sep 16th, 2019 at 206.88
The intermediate term trend has been UP since Dec 10th, 2019 at 203.13
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).
| 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 |