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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

First Trust Taxable Fixed Income Closed-End Fund Total Return Index (CME:TXCEFT)

Bear Market Rally (-75) - TXCEFT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TXCEFT as it may be in the beginning of a reversal.

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

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

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

CME_TXCEFT
Open High Low TXCEFT Price Change
3113.59 3124.75 3113.59 3124.31 +10.88
Entry Signal

MarketClub’s Trade Triangles for TXCEFT

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 3089.71

intermediate term down The intermediate-term trend has been DOWN since Dec 17th, 2024 at 3148.22

short term up The short-term trend has been UP since Dec 24th, 2024 at 3115.39

Smart Scan Analysis for TXCEFT

Based on our trend formula, TXCEFT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TXCEFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3113.59 3124.75 3113.59 3124.31 +10.88
Prev. Close Volume Bid Ask Time
3124.31 0 2024-12-24 17:02:45
52wk High2343.2952wk High Date2018-09-13
52wk Low2166.5252wk Low Date2018-11-23
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