Future Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
S&P 500 INDEX ENERGY SECTOR (E-MINI) Mar 2020 (CME:XAE.H20)
Strong Downtrend (-100) - XAE.H20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAE.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAE.H20
The long-term trend has been DOWN since Jan 21st, 2020 at 601.0
The intermediate-term trend has been DOWN since Jan 17th, 2020 at 611.3
The short-term trend has been DOWN since Mar 5th, 2020 at 463.2
Smart Scan Analysis for XAE.H20
Based on our trend formula, XAE.H20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).