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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.

CME_ES.U20
Open High Low ES.U20 Price Change
3317.00 3329.25 3300.50 3317.75 +1.75
Entry Signal

MarketClub’s Trade Triangles for ES.U20

long term up The long-term trend has been UP since Jun 3rd, 2020 at 3090.50

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 2648.25

short term up 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).

+90
Smart Scan Analysis for ES.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3317.00 3329.25 3300.50 3317.75 +1.75
Prev. Close Volume Bid Ask Time
3024.50 770407 2020-08-06 12:02:27
Expiration2020-09-18Open Time18:00
Close Time17:00
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