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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Merrill Lynch Factor Model Exchange Series (CME:MLEIFCTX)

Sidelines Mode (-55) - MLEIFCTX 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 MLEIFCTX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLEIFCTX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MLEIFCTX
Open High Low MLEIFCTX Price Change
2376.63 2396.89 2376.61 2392.11 +20.76
Entry Signal

MarketClub’s Trade Triangles for MLEIFCTX

long term up The long-term trend has been UP since Nov 1st, 2021 at 2422.19

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 2407.88

short term up The short-term trend has been UP since Dec 7th, 2021 at 2378.52

Smart Scan Analysis for MLEIFCTX

Based on our trend formula, MLEIFCTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MLEIFCTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2376.63 2396.89 2376.61 2392.11 +20.76
Prev. Close Volume Bid Ask Time
2392.11 0 2021-12-07 18:29:43
52wk High2028.8452wk High Date2018-01-26
52wk Low1930.7152wk Low Date2018-10-29
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