Futopt Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
S&P 500 INDEX (E-MINI) Jun 2020 230000 Put (CME:ES.M20.230000P)
Long-Term Downtrend (-90) - ES.M20.230000P is in a strong downtrend that is likely to continue. While ES.M20.230000P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ES.M20.230000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.M20.230000P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.M20.230000P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for ES.M20.230000P
Based on our trend formula, ES.M20.230000P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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