Future Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
MICRO E-MINI S&P 500 INDEX Sep 2023 (CME:MES.U23)
Long-Term Uptrend (+90) - MES.U23 is in a strong uptrend that is likely to continue. While MES.U23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MES.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MES.U23
The long-term trend has been UP since Dec 13th, 2022 at 4200.0
The intermediate-term trend has been UP since Sep 1st, 2023 at 4541.0
The short-term trend has been UP since Sep 11th, 2023 at 4477.5
Smart Scan Analysis for MES.U23
Based on our trend formula, MES.U23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).