Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
MICRO E-MINI S&P 500 INDEX Dec 2022 (CME:MES.Z22)
Long-Term Downtrend (-90) - MES.Z22 is in a strong downtrend that is likely to continue. While MES.Z22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MES.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MES.Z22
The long-term trend has been DOWN since Jan 20th, 2022 at 4520
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 4450
The short-term trend has been DOWN since May 18th, 2022 at 3945
Smart Scan Analysis for MES.Z22
Based on our trend formula, MES.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).