Future Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Mar 2018 (E) (CME:XAK.H18.E)
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 XAK.H18.E
The long term trend has been UP since Oct 2nd, 2017 at 593.9
The intermediate term trend has been UP since Dec 15th, 2017 at 648.6
The short term trend has been UP since Jan 2nd, 2018 at 648.2
Smart Scan Analysis for XAK.H18.E
Based on a pre-defined weighted trend formula for chart analysis, XAK.H18.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||672.4||Contract High Date||2018-01-12|
|Contract Low||634.6||Contract Low Date||2017-12-07|
|Open Time||18:00||Close Time||17:00|