Future Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
S&P MIDCAP 400 INDEX (E-MINI) Dec 2018 (E) (CME:EMD.Z18.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.Z18.E
The long term trend has been UP since May 21st, 2018 at 1970.3
The intermediate term trend has been UP since Aug 21st, 2018 at 2027.1
The short term trend has been DOWN since Sep 17th, 2018 at 2040.1
Smart Scan Analysis for EMD.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, EMD.Z18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2058.2||Contract High Date||2018-09-14|
|Contract Low||1977||Contract Low Date||2018-07-27|
|Open Time||18:00||Close Time||17:00|