Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
FTSE 50 CHINA INDEX (E-MINI) Dec 2018 (E) (CME:FT5.Z18.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FT5.Z18.E
The long term trend has been DOWN since Jun 18th, 2018 at 20280
The intermediate term trend has been UP since Nov 2nd, 2018 at 18260
The short term trend has been UP since Nov 15th, 2018 at 18035
Smart Scan Analysis for FT5.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, FT5.Z18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||19390||Contract High Date||2018-09-21|
|Contract Low||17085||Contract Low Date||2018-10-29|
|Open Time||18:00||Close Time||17:00|