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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

S&P MLP INDEX (CME:SPMLP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
1450.23 1470.95 1446.88 1469.98 +23.40
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term down The long term trend has been DOWN since Dec 18th, 2018 at 1338.71

intermediate term up The intermediate term trend has been UP since Feb 15th, 2019 at 1446.88

short term up The short term trend has been UP since Mar 18th, 2019 at 1454.92

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
1450.23 1470.95 1446.88 1469.98 +23.40
Prev. Close Volume Bid Ask Time
1443.29 0 2019-03-18 16:19:02
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
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