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Future Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Mar 2023 (CME:XAE.H23)

Long-Term Downtrend (-90) - XAE.H23 is in a strong downtrend that is likely to continue. While XAE.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XAE.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.H23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_XAE.H23
Open High Low XAE.H23 Price Change
793.40 815.90 785.30 812.87 +8.00
Entry Signal

MarketClub’s Trade Triangles for XAE.H23

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 863.7

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 910.3

short term down The short-term trend has been DOWN since Mar 8th, 2023 at 888.2

Smart Scan Analysis for XAE.H23

Based on our trend formula, XAE.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XAE.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
793.40 815.90 785.30 812.87 +8.00
Prev. Close Volume Bid Ask Time
815.30 555 2023-03-16 15:59:45
Expiration2023-03-17Open Time18:00
Close Time17:00
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