Future Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
S&P 500 INDEX Jun 2020 (CME:SP.M20)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.M20
The long term trend has been UP since Jul 10th, 2018 at 2854.0
The intermediate term trend has been UP since Jul 9th, 2018 at 2844.8
The short term trend has been UP since Jul 18th, 2018 at 2874.6
Smart Scan Analysis for SP.M20
Based on a pre-defined weighted trend formula for chart analysis, SP.M20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2876.7||Contract High Date||2018-07-18|
|Contract Low||2754.7||Contract Low Date||2018-06-28|