Future Trend Analysis Report
Prepared for you on Wednesday, October 16, 2019.
DJ $5 (E-MINI) Mar 2020 (CBOT:YM.H20)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 YM.H20
The long term trend has been UP since Sep 11th, 2019 at 26965
The intermediate term trend has been DOWN since Oct 1st, 2019 at 26680
The short term trend has been UP since Oct 10th, 2019 at 26500
Smart Scan Analysis for YM.H20
Based on a pre-defined weighted trend formula for chart analysis, YM.H20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).