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Future Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Jun 2020 (CME:XAE.M20)

Countertrend Up (+85) - XAE.M20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid XAE.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.M20.

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

CME_XAE.M20
Open High Low XAE.M20 Price Change
398.7 403.2 392.4 401.3 -1.4
Entry Signal

MarketClub’s Trade Triangles for XAE.M20

long term up The long-term trend has been UP since Apr 2nd, 2020 at 321.3

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 321.3

short term down The short-term trend has been DOWN since May 29th, 2020 at 401.4

Smart Scan Analysis for XAE.M20

Based on our trend formula, XAE.M20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for XAE.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
398.7 403.2 392.4 401.3 -1.4
Prev. Close Volume Bid Ask Time
297.7 281 2020-05-29 15:59:15
Expiration2020-06-19Open Time18:00
Close Time17:00
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