Future Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
S&P 500 INDEX (E-MINI) Dec 2018 (E) (CME:ES.Z18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.Z18.E
The long term trend has been UP since Jul 10th, 2018 at 2800.00
The intermediate term trend has been DOWN since Oct 8th, 2018 at 2873.25
The short term trend has been UP since Oct 16th, 2018 at 2785.00
Smart Scan Analysis for ES.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, ES.Z18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2947||Contract High Date||2018-09-21|
|Contract Low||2500.5||Contract Low Date||2017-09-19|
|Open Time||18:00||Close Time||17:00|