Future Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Mar 2018 (E) (CME:XAP.H18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 XAP.H18.E
The long term trend has been UP since Nov 29th, 2017 at 554.3
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 567.8
The short term trend has been UP since Feb 15th, 2018 at 547.9
Smart Scan Analysis for XAP.H18.E
Based on a pre-defined weighted trend formula for chart analysis, XAP.H18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||592.3||Contract High Date||2018-01-29|
|Contract Low||528.9||Contract Low Date||2018-02-09|
|Open Time||18:00||Close Time||17:00|