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Mutual Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

THE FIRST TRUST COMBINED SRS 324 BUILD AMER BDS PTF SRS 16 (NASDAQ:FTMBAX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

NASDAQ_FTMBAX
Open High Low FTMBAX Price Change
764.38 762.69 762.69 764.25 -1.69
Entry Signal

MarketClub’s Trade Triangles for FTMBAX

long term down The long term trend has been DOWN since Jul 9th, 2019 at 827.80

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 764.86

short term up The short term trend has been UP since Jan 10th, 2020 at 764.38

Smart Scan Analysis for FTMBAX

Based on a pre-defined weighted trend formula for chart analysis, FTMBAX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for FTMBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
764.38 762.69 762.69 764.25 -1.69
Prev. Close Volume Bid Ask Time
767.04 0 762.69 789.70 2020-01-13 00:00:00
52wk High850.7452wk High Date2019-07-02
52wk Low758.2652wk Low Date2019-11-08
Year End Close760.24Yield5.3
Payment Date2020-01-25
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