Future Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
RUSSELL 1000 VALUE INDEX MINI Dec 2017 (E) (NYBOT:RV.Z17.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 RV.Z17.E
The long term trend has been UP since Nov 9th, 2016 at 1026.7
The intermediate term trend has been UP since Nov 28th, 2017 at 1181.8
The short term trend has been DOWN since Dec 14th, 2017 at 1212.2
Smart Scan Analysis for RV.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, RV.Z17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1221.5||Contract High Date||2017-12-04|
|Contract Low||1124.8||Contract Low Date||2017-09-07|
|Open Time||20:00||Close Time||18:00|