Future Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P 500 INDEX Sep 2018 (CME:SP.U18)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 SP.U18
The long term trend has been DOWN since Feb 9th, 2018 at 2558.2
The intermediate term trend has been UP since May 10th, 2018 at 2721.3
The short term trend has been UP since May 21st, 2018 at 2734.5
Smart Scan Analysis for SP.U18
Based on a pre-defined weighted trend formula for chart analysis, SP.U18 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2766.1||Contract High Date||2018-02-05|
|Contract Low||2454.3||Contract Low Date||2017-07-17|
|Open Time||18:00||Close Time||17:00|