Future Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
S&P 500 INDEX Jun 2019 (CME:SP.M19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.M19
The long term trend has been UP since Jul 14th, 2017 at 2461.8
The intermediate term trend has been UP since Sep 11th, 2017 at 2487.1
The short term trend has been UP since Nov 16th, 2017 at 2595.0
Smart Scan Analysis for SP.M19
Based on a pre-defined weighted trend formula for chart analysis, SP.M19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2516.5||Contract High Date||2017-09-19|
|Contract Low||2467.4||Contract Low Date||2017-07-17|