Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
ACM Equity Index (CME:EALTS)
Long-Term Uptrend (+90) - EALTS is in a strong uptrend that is likely to continue. While EALTS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EALTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EALTS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EALTS
The long-term trend has been UP since Apr 9th, 2020 at 294.78
The intermediate-term trend has been UP since Oct 15th, 2021 at 433.42
The short-term trend has been UP since Oct 14th, 2021 at 428.67
Smart Scan Analysis for EALTS
Based on our trend formula, EALTS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).