Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
S&P 500 INDEX (E-MINI) Sep 2019 (CME:ES.U19)
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.U19
The long term trend has been DOWN since Oct 24th, 2018 at 2737.00
The intermediate term trend has been UP since Jan 6th, 2019 at 2550.75
The short term trend has been UP since Jan 4th, 2019 at 2518.00
Smart Scan Analysis for ES.U19
Based on a pre-defined weighted trend formula for chart analysis, ES.U19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).