Future Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P 500 INDEX Jun 2018 (CME:SP.M18)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 SP.M18
The long term trend has been DOWN since Feb 9th, 2018 at 2557.9
The intermediate term trend has been UP since May 10th, 2018 at 2717.8
The short term trend has been UP since Jun 1st, 2018 at 2729.0
Smart Scan Analysis for SP.M18
Based on a pre-defined weighted trend formula for chart analysis, SP.M18 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2877.1||Contract High Date||2018-01-29|
|Contract Low||2454.7||Contract Low Date||2017-07-17|
|Open Time||09:30||Close Time||16:15|