Future Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
S&P 500 INDEX (E-MINI) Sep 2018 (E) (CME:ES.U18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 ES.U18.E
The long term trend has been UP since Jul 14th, 2017 at 2445.2
The intermediate term trend has been UP since Jul 14th, 2017 at 2445.2
The short term trend has been DOWN since Aug 10th, 2017 at 2468.0
Smart Scan Analysis for ES.U18.E
Based on a pre-defined weighted trend formula for chart analysis, ES.U18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2502.25||Contract High Date||2017-09-18|
|Contract Low||2430||Contract Low Date||2017-08-28|
|Open Time||18:00||Close Time||17:00|