Future Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Sep 2018 (E) (CME:XAK.U18.E)
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 XAK.U18.E
The long term trend has been UP since Jun 1st, 2018 at 712.0
The intermediate term trend has been UP since Apr 16th, 2018 at 672.8
The short term trend has been UP since Jun 20th, 2018 at 724.4
Smart Scan Analysis for XAK.U18.E
Based on a pre-defined weighted trend formula for chart analysis, XAK.U18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||727.5||Contract High Date||2018-06-13|
|Contract Low||710.9||Contract Low Date||2018-06-19|
|Open Time||18:00||Close Time||17:00|