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Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

S&P MLP Index (CME:SPMLP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_SPMLP
Open High Low SPMLP Price Change
1417.99 1424.93 1415.20 1417.99 +2.53
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term up The long term trend has been UP since Apr 2nd, 2019 at 1498.00

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2019 at 1456.51

short term down The short term trend has been DOWN since Jun 14th, 2019 at 1419.34

Smart Scan Analysis for SPMLP

Based on a pre-defined weighted trend formula for chart analysis, SPMLP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1417.99 1424.93 1415.20 1417.99 +2.53
Prev. Close Volume Bid Ask Time
1425.16 0 2019-06-18 16:55:05
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
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