Futopt Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
S&P 500 INDEX (E-MINI) Dec 2020 340000 Put (CME:ES.Z20.340000P)
Bear Market Rally (-75) - ES.Z20.340000P is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ES.Z20.340000P as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ES.Z20.340000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.Z20.340000P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.Z20.340000P
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.Z20.340000P
Based on our trend formula, ES.Z20.340000P is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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