Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
RUSSELL 1000 VALUE INDEX (E-MINI) Sep 2019 (CME:RSV.U19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 Sep 13th, 2019 at 1278.1
The intermediate term trend has been UP since Sep 5th, 2019 at 1231.0
The short term trend has been DOWN since Sep 17th, 2019 at 1274.5
Smart Scan Analysis for RSV.U19
Based on a pre-defined weighted trend formula for chart analysis, RSV.U19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).