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Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
S&P MIDCAP 400 INDEX (E-MINI) Dec 2023 (CME:EMD.Z23)
Bull Market Weakness (+75) - EMD.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EMD.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EMD.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.Z23.
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.Z23
The long-term trend has been DOWN since Sep 7th, 2023 at 2600.0
The intermediate-term trend has been UP since Nov 14th, 2023 at 2500.4
The short-term trend has been UP since Nov 30th, 2023 at 2563.7
Smart Scan Analysis for EMD.Z23
Based on our trend formula, EMD.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2567.3 | 2630.0 | 2554.7 | 2628.0 | +62.2 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2628.3 | 18054 | 2023-12-01 16:57:45 |
| Expiration | 2023-12-15 | Open Time | 18:00 |
| Close Time | 17:00 |