MLPX
Global X Mlp & Energy Infras
$74.50
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Thematic ETF · entry card
APPENDIX · MLPX · TECHNICAL TRADING SCORECARD
Scores · Trend 76.7
| RS vs S&P (20) + sector (10) | 20.0 + 1.0 = 21.0 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 76.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 66.6
| RS (S&P 20 + sector 10) | 18.0 + 10.0 / 30 |
| Structure | 22 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 10.4 / 20 |
| Raw | 66.6 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 66.6 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (MLPX close needed) |
|---|
| Trend · S&P | 1 Established Up (+) ↑ | +3.84% | +5.34% | Est. Up ≥ 75.76 (+1.7%) · Early Up ≥ 73.64 · Est. Down < 73.25 |
| Trend · XLE | 5 Established Down (+) → | -7.22% | +1.60% | Early Up ≥ 82.03 · Est. Down < 81.59 |
| Trading · S&P | 1 Established Up (−) → | +2.06% | -0.91% | Est. Up ≥ 73.33 (-1.6%) · Est. Down < 64.02 |
| Trading · XLE | 1 Established Up (+) ↑ | +2.87% | +0.10% | Est. Up ≥ 72.68 (-2.4%) · Est. Down < 69.94 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 74.50)
| Band | Range | Distance | Tools in the cluster |
|---|
| R2 | 78.34–78.36 | +5.2% to +5.2% | wk high 07-24 78.34 · ATH 05-20 78.36 |
| R1 | 75.09–77.13 | +0.8% to +3.5% | wk high 06-12 75.09 · wk high 03-27 76.40 · wk high 08-21 76.66 · wk high 09-11 77.13 |
| S1 | 71.72–73.61 | -1.2% to -3.7% | wk low 08-28 73.61 · wk high 03-06 73.31 · 40-wk SMA 73.26 · 200-day SMA 72.88 · wk low 08-14 72.50 · wk low 05-29 71.72 |
| S2 | 69.18–71.30 | -4.3% to -7.1% | wk low 03-13 71.30 · wk low 06-19 70.83 · wk low 10-16 70.51 · wk low 04-17 69.18 |
| S3 | 67.47–69.09 | -7.3% to -9.4% | wk low 10-02 69.09 · 50% 68.01 · wk high ’25-01-24 67.47 |
| ATH | 78.36 | +5.2% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 71.72 (-3.7%): trading downgrades one state, re-anchor to S2 69.18–71.30.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 69.18 (-7.1%): trend downgrades one state, re-anchor to S3 67.47–69.09.
- Trend vs S&P: Est. Up ≥ 75.76 (+1.7%) · above its 16-wk avg ≥ 73.64 · Est. Down < 73.25 (-1.7%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 73.33 · Est. Down < 64.02.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
Thematic ETFs holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-20 (Thematic ETFs bot list: /home/box/thematic-etf-scorecard/latest.json (built 2026-10-21 07:51 PT, from PortfolioDashboardBBG.xlsx MASTER!CK6 'THEMATIC ETFS' block; live at https://skc-thematic-etfs.pages.dev/)); Theme: Midstream / Natural Gas. Benchmarks: S&P 500 (20 pts) and XLE (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
