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Future Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
S&P 500 INDEX (E-MINI) Sep 2022 (CME:ES.U22)
Countertrend Down (-85) - ES.U22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ES.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ES.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ES.U22
The long-term trend has been DOWN since Jan 25th, 2022 at 4341
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 4437
The short-term trend has been UP since May 13th, 2022 at 4017
Smart Scan Analysis for ES.U22
Based on our trend formula, ES.U22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4095.75 | 4098.00 | 4087.00 | 4087.00 | -6.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4093.75 | 146 | 2022-05-17 20:48:20 |
| Expiration | 2022-09-16 | Open Time | 18:00 |
| Close Time | 17:00 |