Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
EMINI S&P 500 PREMIUM (DTN:@PREM)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @PREM
The long term trend has been DOWN since Oct 23rd, 2018 at -38.43
The intermediate term trend has been UP since Nov 26th, 2018 at 31.55
The short term trend has been UP since Nov 21st, 2018 at 11.73
Smart Scan Analysis for @PREM
Based on a pre-defined weighted trend formula for chart analysis, @PREM scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).