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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

S&P MLP INDEX (CME:SPMLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
1483.71 1486.55 1468.42 1468.72 -13.47
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 up The intermediate term trend has been UP since Feb 15th, 2019 at 1446.88

short term down The short term trend has been DOWN since Apr 17th, 2019 at 1478.23

Smart Scan Analysis for SPMLP

Based on a pre-defined weighted trend formula for chart analysis, SPMLP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1483.71 1486.55 1468.42 1468.72 -13.47
Prev. Close Volume Bid Ask Time
1443.29 0 2019-04-17 16:19:52
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
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