Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P 500 INDEX (E-MINI) Sep 2020 (CME:ES.U20)
Crossroads (-60) - ES.U20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ES.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.U20
The long-term trend has been UP since Jun 3rd, 2020 at 3090.50
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 3344.75
The short-term trend has been DOWN since Sep 17th, 2020 at 3345.50
Smart Scan Analysis for ES.U20
Based on our trend formula, ES.U20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).