Future Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
S&P 500 INDEX (E-MINI) Mar 2020 (CME:ES.H20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 ES.H20
The long term trend has been UP since Jan 16th, 2019 at 2602.00
The intermediate term trend has been DOWN since May 7th, 2019 at 2915.75
The short term trend has been UP since May 16th, 2019 at 2878.00
Smart Scan Analysis for ES.H20
Based on a pre-defined weighted trend formula for chart analysis, ES.H20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).