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Index Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
Merrill Lynch Factor Model Index (CME:MLEIFCTR)
Sidelines Mode (+55) - MLEIFCTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MLEIFCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLEIFCTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLEIFCTR
The long-term trend has been UP since Dec 1st, 2023 at 2437.07
The intermediate-term trend has been UP since Nov 6th, 2024 at 2671.28
The short-term trend has been DOWN since Dec 10th, 2024 at 2695.03
Smart Scan Analysis for MLEIFCTR
Based on our trend formula, MLEIFCTR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2691.99 | 2692.99 | 2687.19 | 2688.34 | -3.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2688.34 | 0 | 2024-12-13 18:37:17 |
| 52wk High | 2103.01 | 52wk High Date | 2018-08-29 |
| 52wk Low | 2002.63 | 52wk Low Date | 2018-10-29 |