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Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Mar 2023 (CME:XAB.H23)
Long-Term Downtrend (-90) - XAB.H23 is in a strong downtrend that is likely to continue. While XAB.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAB.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XAB.H23
The long-term trend has been DOWN since Mar 13th, 2023 at 820.1
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 838.0
The short-term trend has been DOWN since Mar 7th, 2023 at 867.8
Smart Scan Analysis for XAB.H23
Based on our trend formula, XAB.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 796.50 | 803.40 | 793.00 | 808.51 | +1.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 803.30 | 312 | 2023-03-16 11:47:54 |
| Expiration | 2023-03-17 | Open Time | 18:00 |
| Close Time | 17:00 |