Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Sep 2021 (CME:XAB.U21)
Bull Market Weakness (+75) - XAB.U21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAB.U21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAB.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.U21
The long-term trend has been DOWN since Jun 11th, 2021 at 907.1
The intermediate-term trend has been UP since Jul 29th, 2021 at 881.9
The short-term trend has been UP since Jul 23rd, 2021 at 857.3
Smart Scan Analysis for XAB.U21
Based on our trend formula, XAB.U21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).