Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Mar 2021 (CME:XAB.H21)
Crossroads (+60) - XAB.H21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAB.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.H21
The long-term trend has been DOWN since Jan 27th, 2021 at 739.9
The intermediate-term trend has been UP since Feb 16th, 2021 at 788.4
The short-term trend has been UP since Mar 2nd, 2021 at 803.1
Smart Scan Analysis for XAB.H21
Based on our trend formula, XAB.H21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).