Future Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
S&P 500 INDEX Jun 2018 (E) (CME:SP.M18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SP.M18.E
The long term trend has been DOWN since Mar 25th, 2018 at 2596.1
The intermediate term trend has been UP since Apr 17th, 2018 at 2680.5
The short term trend has been DOWN since Apr 22nd, 2018 at 2683.0
Smart Scan Analysis for SP.M18.E
Based on a pre-defined weighted trend formula for chart analysis, SP.M18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2804.5||Contract High Date||2018-03-12|
|Contract Low||2560.7||Contract Low Date||2018-04-04|
|Open Time||09:30||Close Time||16:15|