Future Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
DJ $5 (E-MINI) Dec 2018 (CBOT:YM.Z18)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for YM.Z18
The long term trend has been UP since Jul 25th, 2018 at 25398
The intermediate term trend has been DOWN since Dec 9th, 2018 at 24246
The short term trend has been DOWN since Dec 4th, 2018 at 25223
Smart Scan Analysis for YM.Z18
Based on a pre-defined weighted trend formula for chart analysis, YM.Z18 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).