Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
MICRO E-MINI S&P 500 INDEX Sep 2021 (CME:MES.U21)
Countertrend Up (+85) - MES.U21 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 MES.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MES.U21
The long-term trend has been UP since Oct 12th, 2020 at 3468.50
The intermediate-term trend has been UP since Jul 23rd, 2021 at 4378.75
The short-term trend has been DOWN since Jul 30th, 2021 at 4374.75
Smart Scan Analysis for MES.U21
Based on our trend formula, MES.U21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).