Future Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
MICRO E-MINI S&P 500 INDEX Jun 2021 (CME:MES.M21)
Sidelines Mode (+55) - MES.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 MES.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MES.M21
The long-term trend has been UP since Nov 4th, 2020 at 3394.5
The intermediate-term trend has been UP since Jun 6th, 2021 at 4232.0
The short-term trend has been DOWN since Jun 16th, 2021 at 4245.0
Smart Scan Analysis for MES.M21
Based on our trend formula, MES.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).