Future Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
RUSSELL 2000 (E-MINI) Dec 2019 (CME:RTY.Z19)
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 RTY.Z19
The long term trend has been UP since Sep 13th, 2019 at 1590.9
The intermediate term trend has been UP since Sep 6th, 2019 at 1514.2
The short term trend has been DOWN since Sep 13th, 2019 at 1543.6
Smart Scan Analysis for RTY.Z19
Based on a pre-defined weighted trend formula for chart analysis, RTY.Z19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).