Future Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
RUSSELL 2000 (E-MINI) Dec 2017 (E) (CME:RTY.Z17.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 RTY.Z17.E
The long term trend has been UP since Sep 21st, 2017 at 1449.1
The intermediate term trend has been DOWN since Oct 25th, 2017 at 1491.6
The short term trend has been UP since Nov 16th, 2017 at 1477.5
Smart Scan Analysis for RTY.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, RTY.Z17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1518||Contract High Date||2017-10-09|
|Contract Low||1351.8||Contract Low Date||2017-08-21|
|Open Time||18:00||Close Time||17:00|