Future Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
S&P 500 INDEX Sep 2018 (CME:SP.U18)
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.U18
The long term trend has been UP since Jul 10th, 2018 at 2795.5
The intermediate term trend has been UP since Jul 9th, 2018 at 2779.7
The short term trend has been UP since Aug 16th, 2018 at 2843.5
Smart Scan Analysis for SP.U18
Based on a pre-defined weighted trend formula for chart analysis, SP.U18 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2863||Contract High Date||2018-08-07|
|Contract Low||2454.3||Contract Low Date||2017-07-17|
|Open Time||09:30||Close Time||16:15|