Future Trend Analysis Report
Prepared for you on Friday, June 23, 2017.
S&P MIDCAP 400 INDEX (E-MINI) Sep 2017 (E) (CME:EMD.U17.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 EMD.U17.E
The long term trend has been UP since Nov 14th, 2016 at 1567.5
The intermediate term trend has been UP since Jun 1st, 2017 at 1735.3
The short term trend has been DOWN since Jun 21st, 2017 at 1744.1
Smart Scan Analysis for EMD.U17.E
Based on a pre-defined weighted trend formula for chart analysis, EMD.U17.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1774.1||Contract High Date||2017-06-14|
|Contract Low||1696||Contract Low Date||2017-05-17|
|Open Time||18:00||Close Time||17:00|