Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
S&P 500 INDEX (E-MINI) Dec 2021 (CME:ES.Z21)
Sidelines Mode (+55) - ES.Z21 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 ES.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.Z21
The long-term trend has been UP since Nov 10th, 2020 at 3221.00
The intermediate-term trend has been UP since Mar 11th, 2021 at 3800.00
The short-term trend has been DOWN since May 10th, 2021 at 4175.25
Smart Scan Analysis for ES.Z21
Based on our trend formula, ES.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).