Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
S&P 500 INDEX (E-MINI) Dec 2021 (CME:ES.Z21)
Countertrend Up (+85) - ES.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Oct 17th, 2021 at 4467.50
The short-term trend has been DOWN since Oct 28th, 2021 at 4547.25
Smart Scan Analysis for ES.Z21
Based on our trend formula, ES.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).