Future Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
COMMUNICATION SVCS SELECT SECTOR (E-MINI) Jun 2019 (CME:XAZ.M19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 XAZ.M19
The long term trend has been DOWN since Jun 3rd, 2019 at 240.25
The intermediate term trend has been DOWN since May 9th, 2019 at 255.85
The short term trend has been UP since Jun 7th, 2019 at 244.50
Smart Scan Analysis for XAZ.M19
Based on a pre-defined weighted trend formula for chart analysis, XAZ.M19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).