Future Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
S&P 500 INDEX BTIC (E-MINI) Jun 2019 (CME:EST.M19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 EST.M19
The long term trend has been DOWN since Feb 14th, 2019 at 13.00
The intermediate term trend has been DOWN since Mar 12th, 2019 at 4.70
The short term trend has been UP since May 10th, 2019 at 0.85
Smart Scan Analysis for EST.M19
Based on a pre-defined weighted trend formula for chart analysis, EST.M19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).