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Index Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

MLCX Grains Index - TR (Intraday Indicative) (GIF:MLIIGRTR)

Bull Market Weakness (+75) - MLIIGRTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLIIGRTR as it may be in the beginning stages of a reversal.

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

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

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

GIF_MLIIGRTR
Open High Low MLIIGRTR Price Change
49.615 49.641 49.073 49.140 -0.527
Entry Signal

MarketClub’s Trade Triangles for MLIIGRTR

long term up The long-term trend has been UP since Aug 27th, 2020 at 46.928

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2020 at 45.829

short term down The short-term trend has been DOWN since Sep 22nd, 2020 at 49.310

Smart Scan Analysis for MLIIGRTR

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

+75
Smart Scan Analysis for MLIIGRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.615 49.641 49.073 49.140 -0.527
Prev. Close Volume Bid Ask Time
47.936 0 2020-09-22 03:35:52
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