Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
S&P MIDCAP 400 INDEX (E-MINI) Jun 2020 (CME:EMD.M20)
Long-Term Uptrend (+90) - EMD.M20 is in a strong uptrend that is likely to continue. While EMD.M20 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 EMD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMD.M20
The long-term trend has been UP since Jun 5th, 2020 at 1870.3
The intermediate-term trend has been UP since Apr 8th, 2020 at 1459.9
The short-term trend has been UP since Jun 1st, 2020 at 1783.9
Smart Scan Analysis for EMD.M20
Based on our trend formula, EMD.M20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).