Future Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
S&P 500 INDEX BTIC (E-MINI) Mar 2019 (CME:EST.H19)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EST.H19
The long term trend has been DOWN since Oct 26th, 2018 at 6.90
The intermediate term trend has been DOWN since Oct 23rd, 2018 at 8.85
The short term trend has been DOWN since Jan 10th, 2019 at 0.40
Smart Scan Analysis for EST.H19
Based on a pre-defined weighted trend formula for chart analysis, EST.H19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).