Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P 500 INDEX (E-MINI) Mar 2020 (CME:ES.H20)
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 ES.H20
The long term trend has been UP since Jun 21st, 2019 at 2964.00
The intermediate term trend has been UP since Aug 30th, 2019 at 2942.75
The short term trend has been DOWN since Sep 20th, 2019 at 3005.50
Smart Scan Analysis for ES.H20
Based on a pre-defined weighted trend formula for chart analysis, ES.H20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).