Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Jun 2019 (CME:XAI.M19)
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 XAI.M19
The long term trend has been DOWN since May 28th, 2019 at 732.7
The intermediate term trend has been UP since Jun 10th, 2019 at 760.2
The short term trend has been UP since Jun 4th, 2019 at 734.2
Smart Scan Analysis for XAI.M19
Based on a pre-defined weighted trend formula for chart analysis, XAI.M19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).