Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
S&P 500 INDEX (E-MINI) Mar 2020 (CME:ES.H20)
Long-Term Uptrend (+90) - ES.H20 is in a strong uptrend that is likely to continue. While ES.H20 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
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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 Dec 12th, 2019 at 3156.25
The short-term trend has been UP since Feb 4th, 2020 at 3297.50
Smart Scan Analysis for ES.H20
Based on our trend formula, ES.H20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).