Future Trend Analysis Report
Prepared for you on Thursday, November 15, 2018.
S&P MIDCAP 400 INDEX (E-MINI) Dec 2018 (E) (CME:EMD.Z18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 DOWN since Oct 8th, 2018 at 1959.5
The intermediate term trend has been DOWN since Sep 26th, 2018 at 2027.5
The short term trend has been DOWN since Nov 12th, 2018 at 1870.5
Smart Scan Analysis for EMD.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, EMD.Z18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2059.8||Contract High Date||2018-09-21|
|Contract Low||1768.2||Contract Low Date||2018-10-26|
|Open Time||18:00||Close Time||17:00|