Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
MICRO E-MINI RUSSELL 2000 INDEX Dec 2021 (CME:M2K.Z21)
Sidelines Mode (+55) - M2K.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 M2K.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M2K.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M2K.Z21
The long-term trend has been DOWN since Jul 18th, 2021 at 2150.0
The intermediate-term trend has been UP since Oct 14th, 2021 at 2280.0
The short-term trend has been DOWN since Oct 18th, 2021 at 2257.7
Smart Scan Analysis for M2K.Z21
Based on our trend formula, M2K.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).