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Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P 500 INDEX BTIC (E-MINI) Dec 2023 (CME:EST.Z23)
Long-Term Downtrend (-90) - EST.Z23 is in a strong downtrend that is likely to continue. While EST.Z23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EST.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for EST.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EST.Z23
The long-term trend has been DOWN since Sep 11th, 2023 at 52.35
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 52.35
The short-term trend has been DOWN since Nov 16th, 2023 at 14.00
Smart Scan Analysis for EST.Z23
Based on our trend formula, EST.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.80 | 3.95 | 3.55 | 3.80 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.30 | 55885 | 2023-12-08 15:59:08 |
| Expiration | 2023-12-14 | Open Time | 18:00 |
| Close Time | 16:00 |