Future Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
S&P 500 INDEX (E-MINI) Jun 2018 (E) (CME:ES.M18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 ES.M18.E
The long term trend has been DOWN since Feb 6th, 2018 at 2556.25
The intermediate term trend has been UP since Apr 16th, 2018 at 2680.50
The short term trend has been DOWN since Apr 20th, 2018 at 2678.75
Smart Scan Analysis for ES.M18.E
Based on a pre-defined weighted trend formula for chart analysis, ES.M18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2883.25||Contract High Date||2018-01-28|
|Contract Low||2403.75||Contract Low Date||2017-07-07|
|Open Time||18:00||Close Time||17:00|