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Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Merrill Lynch Factor Model Index (CME:MLEIFCTR)
Crossroads (-60) - MLEIFCTR is struggling to move into a solid trend. Beware of choppy markets 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 Nov 1st, 2021 at 2514.78
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 2499.87
The short-term trend has been DOWN since Nov 10th, 2021 at 2536.37
Smart Scan Analysis for MLEIFCTR
Based on our trend formula, MLEIFCTR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2507.64 | 2507.64 | 2465.16 | 2474.66 | -32.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2476.90 | 0 | 2021-11-26 13:19:46 |
| 52wk High | 2103.01 | 52wk High Date | 2018-08-29 |
| 52wk Low | 2002.63 | 52wk Low Date | 2018-10-29 |