Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
RUSSELL 1000 INDEX (E-MINI) Dec 2021 (CME:RS1.Z21)
Weak Downtrend (-65) - RS1.Z21 is showing signs of a strengthening downtrend. Monitor RS1.Z21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RS1.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RS1.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RS1.Z21
The long-term trend has been UP since Oct 19th, 2021 at 2519.0
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2576.5
The short-term trend has been DOWN since Nov 22nd, 2021 at 2622.8
Smart Scan Analysis for RS1.Z21
Based on our trend formula, RS1.Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).