Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
MICRO E-MINI RUSSELL 2000 INDEX Jun 2023 (CME:M2K.M23)
Countertrend Down (-85) - M2K.M23 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 M2K.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M2K.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M2K.M23
The long-term trend has been DOWN since Mar 17th, 2023 at 1749.5
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1911.0
The short-term trend has been UP since Mar 26th, 2023 at 1754.9
Smart Scan Analysis for M2K.M23
Based on our trend formula, M2K.M23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).