Future Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Mar 2020 (CME:XAI.H20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 XAI.H20
The long term trend has been UP since Jan 2nd, 2020 at 827.1
The intermediate term trend has been DOWN since Jan 27th, 2020 at 827.2
The short term trend has been DOWN since Jan 21st, 2020 at 836.7
Smart Scan Analysis for XAI.H20
Based on a pre-defined weighted trend formula for chart analysis, XAI.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).