Future Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P 500 INDEX Jun 2019 (CME:SP.M19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SP.M19
The long term trend has been UP since Mar 4th, 2019 at 2794.0
The intermediate term trend has been UP since Jun 9th, 2019 at 2876.5
The short term trend has been DOWN since Jun 14th, 2019 at 2883.7
Smart Scan Analysis for SP.M19
Based on a pre-defined weighted trend formula for chart analysis, SP.M19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2779.1||Contract High Date||2018-02-05|
|Contract Low||2467.4||Contract Low Date||2017-07-17|
|Open Time||18:00||Close Time||17:00|