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Index Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Morningstar Large Cap Index (CME:MLCP)

Strong Uptrend (+100) - MLCP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MLCP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_MLCP
Open High Low MLCP Price Change
7514.54 7538.87 7472.81 7522.82 -9.90
Entry Signal

MarketClub’s Trade Triangles for MLCP

long term up The long-term trend has been UP since Jun 3rd, 2020 at 6915.69

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 5897.03

short term up The short-term trend has been UP since Jul 31st, 2020 at 7311.97

Smart Scan Analysis for MLCP

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

+100
Smart Scan Analysis for MLCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7514.54 7538.87 7472.81 7522.82 -9.90
Prev. Close Volume Bid Ask Time
6708.50 0 2020-08-07 16:19:47
52wk High6403.6152wk High Date2018-10-03
52wk Low5479.8252wk Low Date2018-02-09
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