Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Mar 2022 (CME:XAB.H22)
Weak Downtrend (-65) - XAB.H22 is showing signs of a strengthening downtrend. Monitor XAB.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XAB.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.H22
The long-term trend has been UP since Dec 27th, 2021 at 940.1
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 924.4
The short-term trend has been DOWN since Jan 14th, 2022 at 927.7
Smart Scan Analysis for XAB.H22
Based on our trend formula, XAB.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).