Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Dec 2021 (CME:XAB.Z21)
Strong Uptrend (+100) - XAB.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAB.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.Z21
The long-term trend has been UP since Oct 18th, 2021 at 892.6
The intermediate-term trend has been UP since Oct 14th, 2021 at 874.3
The short-term trend has been UP since Oct 14th, 2021 at 867.6
Smart Scan Analysis for XAB.Z21
Based on our trend formula, XAB.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).