Future Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
S&P 500 INDEX Sep 2018 (CME:SP.U18)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.U18
The long term trend has been UP since Nov 17th, 2016 at 2175.0
The intermediate term trend has been UP since Sep 11th, 2017 at 2474.0
The short term trend has been DOWN since Oct 19th, 2017 at 2551.6
Smart Scan Analysis for SP.U18
Based on a pre-defined weighted trend formula for chart analysis, SP.U18 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2561.7||Contract High Date||2017-10-18|
|Contract Low||2454.3||Contract Low Date||2017-07-17|