| ES latest price $78.8100 (2.14%) ($76.9700 - $79.1100) on Thu. Aug. 15, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.88% (three month average) |
| RSI | 67 |
| Latest Price | $78.8100(2.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | ES advances 0.1% a day on average for past five trading days. |
| Weekly Trend | ES advances 1% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support ES advance at 0% a week (0% probability)
IFRA(61%) VCIT(21%) VCSH(16%) GDX(15%) TLT(14%) |
| Factors Impacting ES price | ES will decline at least -0.44% in a week (0% probabilities).
UUP(-16%) INDA(-16%) IYT(-14%) XLC(-13%) IVE(-13%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.44% (StdDev 0.88%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.2% |
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