Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
MICRO E-MINI RUSSELL 2000 INDEX Sep 2023 (CME:M2K.U23)
Sidelines Mode (-55) - M2K.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M2K.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M2K.U23
The long-term trend has been UP since Jul 11th, 2023 at 1920.5
The intermediate-term trend has been DOWN since Aug 10th, 2023 at 1937.9
The short-term trend has been UP since Sep 14th, 2023 at 1858.5
Smart Scan Analysis for M2K.U23
Based on our trend formula, M2K.U23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).