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Index Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

ICE BofAML Commodity Index eXtra (Precious Metals) Total Return (GIF:MLCXPMTR)

Long-Term Uptrend (+90) - MLCXPMTR is in a strong uptrend that is likely to continue. While MLCXPMTR 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 MLCXPMTR?

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

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

GIF_MLCXPMTR
Open High Low MLCXPMTR Price Change
474.49 474.49 474.49 474.49 -4.47
Entry Signal

MarketClub’s Trade Triangles for MLCXPMTR

long term up The long-term trend has been UP since Apr 13th, 2020 at 442.63

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 458.90

short term up The short-term trend has been UP since Jun 11th, 2020 at 450.16

Smart Scan Analysis for MLCXPMTR

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

+90
Smart Scan Analysis for MLCXPMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
474.49 474.49 474.49 474.49 -4.47
Prev. Close Volume Bid Ask Time
454.51 0 2020-07-09 16:19:47
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