Future Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Mar 2018 (E) (CME:XAP.H18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 XAP.H18.E
The long term trend has been UP since Nov 29th, 2017 at 554.3
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 567.8
The short term trend has been DOWN since Mar 14th, 2018 at 544.5
Smart Scan Analysis for XAP.H18.E
Based on a pre-defined weighted trend formula for chart analysis, XAP.H18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||592.3||Contract High Date||2018-01-29|
|Contract Low||528.9||Contract Low Date||2018-02-09|
|Open Time||18:00||Close Time||17:00|