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Index Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Merrill Lynch Factor Model Index (CME:MLEIFCTR)

Bull Market Weakness (+75) - MLEIFCTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLEIFCTR as it may be in the beginning stages of a reversal.

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.

CME_MLEIFCTR
Open High Low MLEIFCTR Price Change
2304.93 2308.92 2304.00 2308.01 +8.20
Entry Signal

MarketClub’s Trade Triangles for MLEIFCTR

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 2230.53

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2022 at 2239.97

short term up The short-term trend has been UP since Nov 23rd, 2022 at 2304.04

Smart Scan Analysis for MLEIFCTR

Based on our trend formula, MLEIFCTR is rated as a +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
2304.93 2308.92 2304.00 2308.01 +8.20
Prev. Close Volume Bid Ask Time
2299.81 0 2022-11-29 05:37:31
52wk High2103.0152wk High Date2018-08-29
52wk Low2002.6352wk Low Date2018-10-29
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