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Index Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

The Longview Extended Commodity Index (CME:LEX)

Countertrend Up (+85) - LEX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_LEX
Open High Low LEX Price Change
183.11 183.11 183.11 183.11 -3.42
Entry Signal

MarketClub’s Trade Triangles for LEX

long term up The long-term trend has been UP since Jul 1st, 2020 at 163.91

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 153.95

short term up The short-term trend has been UP since Jul 1st, 2020 at 163.91

Smart Scan Analysis for LEX

Based on our trend formula, LEX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.11 183.11 183.11 183.11 -3.42
Prev. Close Volume Bid Ask Time
160.57 0 2020-08-07 17:05:26
52wk High198.4752wk High Date2018-05-24
52wk Low172.8952wk Low Date2018-11-27
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