Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P 500 INDEX (E-MINI) Sep 2020 (CME:ES.U20)
Long-Term Uptrend (+90) - ES.U20 is in a strong uptrend that is likely to continue. While ES.U20 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 ES.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ES.U20
The long-term trend has been UP since Jun 3rd, 2020 at 3090.50
The intermediate-term trend has been UP since Apr 6th, 2020 at 2648.25
The short-term trend has been UP since Jul 27th, 2020 at 3239.00
Smart Scan Analysis for ES.U20
Based on our trend formula, ES.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).