Future Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Sep 2020 (CME:XAB.U20)
Strong Uptrend (+100) - XAB.U20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAB.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.U20
The long-term trend has been UP since Jun 16th, 2020 at 586.3
The intermediate-term trend has been UP since Jun 16th, 2020 at 586.3
The short-term trend has been UP since Sep 11th, 2020 at 688.4
Smart Scan Analysis for XAB.U20
Based on our trend formula, XAB.U20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).