Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
RUSSELL 1000 VALUE INDEX (E-MINI) Sep 2019 (CME:RSV.U19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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.U19
The long term trend has been UP since Jun 18th, 2019 at 1227.9
The intermediate term trend has been UP since Nov 7th, 2018 at 1214.1
The short term trend has been DOWN since Jul 17th, 2019 at 1270.0
Smart Scan Analysis for RSV.U19
Based on a pre-defined weighted trend formula for chart analysis, RSV.U19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).