Future Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
S&P 500 INDEX (E-MINI) Dec 2017 (E) (CME:ES.Z17.E)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.Z17.E
The long term trend has been UP since Nov 15th, 2016 at 2152.90
The intermediate term trend has been UP since Sep 11th, 2017 at 2477.75
The short term trend has been UP since Nov 16th, 2017 at 2585.50
Smart Scan Analysis for ES.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, ES.Z17.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2594.5||Contract High Date||2017-11-08|
|Contract Low||2061||Contract Low Date||2016-11-08|
|Open Time||18:00||Close Time||17:00|