Future Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
RUSSELL 1000 VALUE INDEX (E-MINI) Jun 2019 (CME:RSV.M19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RSV.M19
The long term trend has been UP since Mar 11th, 2019 at 1192.0
The intermediate term trend has been DOWN since May 6th, 2019 at 1238.8
The short term trend has been DOWN since May 23rd, 2019 at 1213.3
Smart Scan Analysis for RSV.M19
Based on a pre-defined weighted trend formula for chart analysis, RSV.M19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).