Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
S&P 500 INDEX (E-MINI) Jun 2017 (E) (CME:ES.M17.E)
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 ES.M17.E
The long term trend has been UP since Nov 16th, 2016 at 2168.75
The intermediate term trend has been DOWN since Mar 21st, 2017 at 2351.00
The short term trend has been DOWN since Mar 20th, 2017 at 2368.75
Smart Scan Analysis for ES.M17.E
Based on a pre-defined weighted trend formula for chart analysis, ES.M17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2397.25||Contract High Date||2017-03-01|
|Contract Low||1968||Contract Low Date||2016-06-27|
|Open Time||18:00||Close Time||17:00|