Future Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
S&P MIDCAP 400 INDEX (E-MINI) Sep 2017 (E) (CME:EMD.U17.E)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Aug 18th, 2017 at 1691.8
The intermediate term trend has been DOWN since Aug 9th, 2017 at 1742.4
The short term trend has been DOWN since Aug 17th, 2017 at 1710.7
Smart Scan Analysis for EMD.U17.E
Based on a pre-defined weighted trend formula for chart analysis, EMD.U17.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1795.4||Contract High Date||2017-07-25|
|Contract Low||1685.3||Contract Low Date||2017-08-18|
|Open Time||18:00||Close Time||17:00|