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Index Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

OFI Revenue Weighted Large Cap Index (CME:REVWL)

Long-Term Uptrend (+90) - REVWL is in a strong uptrend that is likely to continue. While REVWL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid REVWL?

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

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

CME_REVWL
Open High Low REVWL Price Change
9222.64 9260.53 9196.67 9220.28 -2.36
Entry Signal

MarketClub’s Trade Triangles for REVWL

long term up The long-term trend has been UP since Jun 5th, 2020 at 8190.47

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 8521.77

short term up The short-term trend has been UP since Nov 24th, 2020 at 9084.80

Smart Scan Analysis for REVWL

Based on our trend formula, REVWL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for REVWL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9222.64 9260.53 9196.67 9220.28 -2.36
Prev. Close Volume Bid Ask Time
8290.27 0 2020-11-27 14:07:52
52wk High8274.752wk High Date2018-01-26
52wk Low7208.9452wk Low Date2018-04-02
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