Future Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
S&P 500 INDEX (E-MINI) Dec 2019 (CME:ES.Z19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.Z19
The long term trend has been UP since Jun 30th, 2019 at 2970.00
The intermediate term trend has been UP since Oct 21st, 2019 at 3001.25
The short term trend has been UP since Dec 5th, 2019 at 3121.25
Smart Scan Analysis for ES.Z19
Based on a pre-defined weighted trend formula for chart analysis, ES.Z19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).