Future Trend Analysis Report
Prepared for you on Saturday, September 26, 2020.
S&P MIDCAP 400 INDEX (E-MINI) Sep 2020 (CME:EMD.U20)
Sidelines Mode (-55) - EMD.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EMD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMD.U20
The long-term trend has been UP since May 14th, 2020 at 1536.0
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1894.2
The short-term trend has been UP since Sep 14th, 2020 at 1874.0
Smart Scan Analysis for EMD.U20
Based on our trend formula, EMD.U20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).