Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
RUSSELL 1000 INDEX (E-MINI) Jun 2018 (E) (CME:RS1.M18.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 RS1.M18.E
The long term trend has been DOWN since Apr 2nd, 2018 at 1431.9
The intermediate term trend has been UP since May 10th, 2018 at 1507.1
The short term trend has been UP since May 21st, 2018 at 1515.2
Smart Scan Analysis for RS1.M18.E
Based on a pre-defined weighted trend formula for chart analysis, RS1.M18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1552.5||Contract High Date||2018-03-13|
|Contract Low||1418.4||Contract Low Date||2018-04-02|
|Open Time||18:00||Close Time||17:00|