Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Jun 2020 (CME:XAB.M20)
Strong Uptrend (+100) - XAB.M20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAB.M20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XAB.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.M20
The long-term trend has been UP since Mar 24th, 2020 at 445.1
The intermediate-term trend has been UP since Mar 24th, 2020 at 445.1
The short-term trend has been UP since May 26th, 2020 at 570.3
Smart Scan Analysis for XAB.M20
Based on our trend formula, XAB.M20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).