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Index Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Morningstar US Energy Sector Capped PR USD (CME:MES)

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_MES
Open High Low MES Price Change
6905.17 6912.23 6809.82 6848.23 -54.09
Entry Signal

MarketClub’s Trade Triangles for MES

long term down The long term trend has been DOWN since Jan 31st, 2020 at 6843.09

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2020 at 7498.20

short term down The short term trend has been DOWN since Feb 14th, 2020 at 6815.27

Smart Scan Analysis for MES

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

-90
Smart Scan Analysis for MES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6905.17 6912.23 6809.82 6848.23 -54.09
Prev. Close Volume Bid Ask Time
7599.68 0 2020-02-14 16:20:02
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