Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
S&P 500 INDEX (E-MINI) Sep 2019 (CME:ES.U19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ES.U19
The long term trend has been UP since Mar 15th, 2019 at 2829.50
The intermediate term trend has been UP since Jun 9th, 2019 at 2889.75
The short term trend has been DOWN since Jul 17th, 2019 at 3003.25
Smart Scan Analysis for ES.U19
Based on a pre-defined weighted trend formula for chart analysis, ES.U19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).