Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
S&P 500 INDEX (E-MINI) Dec 2018 (E) (CME:ES.Z18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 Oct 23rd, 2018 at 2702.25
The intermediate term trend has been DOWN since Oct 8th, 2018 at 2873.25
The short term trend has been DOWN since Nov 12th, 2018 at 2764.50
Smart Scan Analysis for ES.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, ES.Z18.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2947||Contract High Date||2018-09-21|
|Contract Low||2500.5||Contract Low Date||2017-09-19|
|Open Time||18:00||Close Time||17:00|