Future Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
S&P 500 INDEX (E-MINI) Jun 2019 (CME:ES.M19)
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.M19
The long term trend has been DOWN since Oct 11th, 2018 at 2729.50
The intermediate term trend has been UP since Jan 14th, 2019 at 2602.25
The short term trend has been DOWN since Feb 21st, 2019 at 2779.00
Smart Scan Analysis for ES.M19
Based on a pre-defined weighted trend formula for chart analysis, ES.M19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).