Future Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
RUSSELL 1000 INDEX (E-MINI) Dec 2023 (CME:RS1.Z23)
Strong Uptrend (+100) - RS1.Z23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RS1.Z23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RS1.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RS1.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RS1.Z23
The long-term trend has been UP since Nov 22nd, 2023 at 2496.7
The intermediate-term trend has been UP since Nov 10th, 2023 at 2418.5
The short-term trend has been UP since Dec 7th, 2023 at 2514.5
Smart Scan Analysis for RS1.Z23
Based on our trend formula, RS1.Z23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).