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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.

CME_MLEIFCTR
Open High Low MLEIFCTR Price Change
2099.38 2100.41 2091.05 2091.72 -6.77
Entry Signal

MarketClub’s Trade Triangles for MLEIFCTR

long term up The long term trend has been UP since Feb 1st, 2019 at 2068.26

intermediate term down The intermediate term trend has been DOWN since May 7th, 2019 at 2116.50

short term down 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).

-70
Smart Scan Analysis for MLEIFCTR
Strong Downtrend Sideways 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 High2103.0152wk High Date2018-08-29
52wk Low2002.6352wk Low Date2018-10-29
Want to analyze MERRILL LYNCH FACTOR MODEL INDEX MLEIFCTR or another symbol? Try our Free Index Trend Analysis Report.