Future Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
S&P 500 INDEX (E-MINI) Mar 2023 (CME:ES.H23)
Crossroads (-60) - ES.H23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ES.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.H23
The long-term trend has been UP since Aug 4th, 2022 at 4210.00
The intermediate-term trend has been DOWN since Aug 26th, 2022 at 4130.00
The short-term trend has been DOWN since Sep 21st, 2022 at 3900.25
Smart Scan Analysis for ES.H23
Based on our trend formula, ES.H23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).