Analyze Symbol
Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
MERRILL LYNCH FACTOR MODEL INDEX (CME:MLEIFCTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 MLEIFCTR
The long term trend has been UP since Feb 1st, 2019 at 2068.26
The intermediate term trend has been DOWN since May 7th, 2019 at 2116.50
The short term trend has been DOWN since May 17th, 2019 at 2091.99
Smart Scan Analysis for MLEIFCTR
Based on a pre-defined weighted trend formula for chart analysis, MLEIFCTR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2099.38 | 2100.41 | 2091.05 | 2091.72 | -6.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2081.14 | 0 | 2019-05-17 16:50:01 |
| 52wk High | 2103.01 | 52wk High Date | 2018-08-29 |
| 52wk Low | 2002.63 | 52wk Low Date | 2018-10-29 |