Future Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Jun 2018 (E) (CME:XAP.M18.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.M18.E
The long term trend has been DOWN since Feb 2nd, 2018 at 567.7
The intermediate term trend has been UP since May 30th, 2018 at 502.2
The short term trend has been UP since Jun 7th, 2018 at 501.3
Smart Scan Analysis for XAP.M18.E
Based on a pre-defined weighted trend formula for chart analysis, XAP.M18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||550||Contract High Date||2018-03-12|
|Contract Low||488.6||Contract Low Date||2018-05-03|
|Open Time||18:00||Close Time||17:00|