Future Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
S&P MIDCAP 400 INDEX (E-MINI) Mar 2020 (CME:EMD.H20)
Long-Term Downtrend (-90) - EMD.H20 is in a strong downtrend that is likely to continue. While EMD.H20 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 EMD.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMD.H20
The long-term trend has been DOWN since Feb 25th, 2020 at 1978.6
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 2007.9
The short-term trend has been DOWN since Mar 5th, 2020 at 1818.6
Smart Scan Analysis for EMD.H20
Based on our trend formula, EMD.H20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).