Future Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
S&P 500 INDEX HEALTHCARE SECTOR (E-MINI) Dec 2018 (E) (CME:XAV.Z18.E)
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 XAV.Z18.E
The long term trend has been UP since Apr 16th, 2018 at 822.3
The intermediate term trend has been UP since Nov 29th, 2018 at 938.6
The short term trend has been UP since Nov 27th, 2018 at 909.0
Smart Scan Analysis for XAV.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, XAV.Z18.E scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||966.6||Contract High Date||2018-10-01|
|Contract Low||866.8||Contract Low Date||2018-10-25|
|Open Time||18:00||Close Time||17:00|