Future Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P 500 INDEX (E-MINI) Dec 2018 (E) (CME:ES.Z18.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.Z18.E
The long term trend has been DOWN since Feb 9th, 2018 at 2555.50
The intermediate term trend has been UP since May 10th, 2018 at 2727.25
The short term trend has been UP since May 21st, 2018 at 2740.00
Smart Scan Analysis for ES.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, ES.Z18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2894.75||Contract High Date||2018-01-28|
|Contract Low||2500.5||Contract Low Date||2017-09-19|
|Open Time||18:00||Close Time||17:00|