Future Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Jun 2018 (E) (CME:XAK.M18.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 XAK.M18.E
The long term trend has been UP since Mar 9th, 2018 at 697.0
The intermediate term trend has been UP since Apr 17th, 2018 at 675.5
The short term trend has been UP since Jun 13th, 2018 at 723.2
Smart Scan Analysis for XAK.M18.E
Based on a pre-defined weighted trend formula for chart analysis, XAK.M18.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||725||Contract High Date||2018-06-06|
|Contract Low||635.4||Contract Low Date||2018-04-02|
|Open Time||18:00||Close Time||17:00|