Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
MICRO E-MINI RUSSELL 2000 INDEX Jun 2021 (CME:M2K.M21)
Sidelines Mode (+55) - M2K.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid M2K.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M2K.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M2K.M21
The long-term trend has been UP since Dec 23rd, 2020 at 1985.0
The intermediate-term trend has been UP since May 27th, 2021 at 2281.4
The short-term trend has been DOWN since Jun 16th, 2021 at 2319.4
Smart Scan Analysis for M2K.M21
Based on our trend formula, M2K.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).