Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, January 31, 2023.

MICRO E-MINI S&P 500 INDEX Jun 2023 (CME:MES.M23)

Sidelines Mode (-55) - MES.M23 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.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for MES.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MES.M23
Open High Low MES.M23 Price Change
4074.25 4079.25 4052.75 4058.25 -16.25
Entry Signal

MarketClub’s Trade Triangles for MES.M23

long term down The long-term trend has been DOWN since Aug 26th, 2022 at 4185.0

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2023 at 3962.5

short term down The short-term trend has been DOWN since Jan 30th, 2023 at 4092.5

Smart Scan Analysis for MES.M23

Based on our trend formula, MES.M23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MES.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4074.25 4079.25 4052.75 4058.25 -16.25
Prev. Close Volume Bid Ask Time
4103.50 294 2023-01-31 04:48:07
Expiration2023-06-16
Get a free daily analysis and signals for MICRO E-MINI S&P 500 INDEX Jun 2023 (MES.M23) - Request Your Free Report.