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Future Trend Analysis Report
Prepared for you on Wednesday, May 18, 2022.
S&P MIDCAP 400 INDEX (E-MINI) Jun 2022 (CME:EMD.M22)
Countertrend Down (-85) - EMD.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EMD.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EMD.M22
The long-term trend has been DOWN since Apr 29th, 2022 at 2498.0
The intermediate-term trend has been DOWN since Apr 10th, 2022 at 2599.7
The short-term trend has been UP since May 13th, 2022 at 2392.0
Smart Scan Analysis for EMD.M22
Based on our trend formula, EMD.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2491.9 | 2493.4 | 2382.6 | 2390.6 | -98.9 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2489.5 | 13959 | 2022-05-18 16:58:12 |
| Expiration | 2022-06-17 | Open Time | 18:00 |
| Close Time | 17:00 |