Future Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
SAN FRANCISCO HOME PRICE INDEX Nov 2018 (E) (CME:SFR.X18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SFR.X18.E
The long term trend has been UP since Mar 1st, 2017 at 241.6
The intermediate term trend has been DOWN since Sep 19th, 2018 at 271.0
The short term trend has been DOWN since Oct 29th, 2018 at 270.8
Smart Scan Analysis for SFR.X18.E
Based on a pre-defined weighted trend formula for chart analysis, SFR.X18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||270.8||Contract High Date||2018-10-11|
|Contract Low||238.8||Contract Low Date||2016-11-21|
|Open Time||09:15||Close Time||16:00|