Future Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Sep 2018 (E) (CME:XAP.U18.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.U18.E
The long term trend has been DOWN since Mar 12th, 2018 at 546.1
The intermediate term trend has been UP since May 30th, 2018 at 499.3
The short term trend has been UP since Jul 5th, 2018 at 521.0
Smart Scan Analysis for XAP.U18.E
Based on a pre-defined weighted trend formula for chart analysis, XAP.U18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||532.5||Contract High Date||2018-07-17|
|Contract Low||505.4||Contract Low Date||2018-06-08|
|Open Time||18:00||Close Time||17:00|