Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
RUSSELL 1000 INDEX (E-MINI) Sep 2021 (CME:RS1.U21)
Long-Term Uptrend (+90) - RS1.U21 is in a strong uptrend that is likely to continue. While RS1.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RS1.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RS1.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RS1.U21
The long-term trend has been UP since Jun 22nd, 2021 at 2389.6
The intermediate-term trend has been UP since Jul 23rd, 2021 at 2460.8
The short-term trend has been UP since Jul 21st, 2021 at 2431.5
Smart Scan Analysis for RS1.U21
Based on our trend formula, RS1.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).