Future Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
S&P 500 INDEX FINANCIAL SECTOR (E-MINI) Sep 2019 (CME:XAF.U19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 XAF.U19
The long term trend has been DOWN since Aug 5th, 2019 at 330.20
The intermediate term trend has been DOWN since Aug 1st, 2019 at 342.65
The short term trend has been DOWN since Aug 13th, 2019 at 326.50
Smart Scan Analysis for XAF.U19
Based on a pre-defined weighted trend formula for chart analysis, XAF.U19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).