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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Optimized Roll Commodity Excess Return Index (CME:EBCIWTE)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
198.45 198.73 197.83 198.14 -0.09
Entry Signal

MarketClub’s Trade Triangles for EBCIWTE

long term down The long term trend has been DOWN since Dec 18th, 2018 at 204.39

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 201.56

short term down The short term trend has been DOWN since Aug 16th, 2019 at 198.44

Smart Scan Analysis for EBCIWTE

Based on a pre-defined weighted trend formula for chart analysis, EBCIWTE scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EBCIWTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
198.45 198.73 197.83 198.14 -0.09
Prev. Close Volume Bid Ask Time
202.85 0 2019-08-16 16:19:58
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