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Index Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Cushing MLP High Income Index (CME:MLPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_MLPY
Open High Low MLPY Price Change
51.91 52.15 51.37 51.49 -0.42
Entry Signal

MarketClub’s Trade Triangles for MLPY

long term down The long term trend has been DOWN since Jul 30th, 2019 at 57.15

intermediate term up The intermediate term trend has been UP since Dec 10th, 2019 at 46.91

short term up The short term trend has been UP since Jan 14th, 2020 at 51.50

Smart Scan Analysis for MLPY

Based on a pre-defined weighted trend formula for chart analysis, MLPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MLPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.91 52.15 51.37 51.49 -0.42
Prev. Close Volume Bid Ask Time
50.80 0 2020-01-17 17:51:48
52wk High78.252wk High Date2018-01-24
52wk Low57.152wk Low Date2018-11-20
Get a free daily report for Cushing MLP High Income Index (MLPY) - Free Trend Analysis Report.