Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P MIDCAP 400 INDEX (E-MINI) Jun 2020 (CME:EMD.M20)
Weak Downtrend (-65) - EMD.M20 is showing signs of a strengthening downtrend. Monitor EMD.M20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EMD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMD.M20
The long-term trend has been DOWN since Feb 10th, 2020 at 2054.8
The intermediate-term trend has been DOWN since Feb 10th, 2020 at 2054.8
The short-term trend has been UP since Apr 5th, 2020 at 1376.6
Smart Scan Analysis for EMD.M20
Based on our trend formula, EMD.M20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).