Future Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
RUSSELL 1000 VALUE INDEX (E-MINI) Dec 2018 (E) (CME:RSV.Z18.E)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 RSV.Z18.E
The long term trend has been DOWN since Oct 11th, 2018 at 1185.7
The intermediate term trend has been UP since Nov 7th, 2018 at 1217.2
The short term trend has been UP since Nov 27th, 2018 at 1186.5
Smart Scan Analysis for RSV.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, RSV.Z18.E scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1271.9||Contract High Date||2018-09-21|
|Contract Low||1142||Contract Low Date||2018-10-29|
|Open Time||18:00||Close Time||17:00|