Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
S&P 500 INDEX ENERGY SECTOR (E-MINI) Jun 2021 (CME:XAE.M21)
Countertrend Down (-85) - XAE.M21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid XAE.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAE.M21
The long-term trend has been DOWN since Mar 17th, 2021 at 525.8
The intermediate-term trend has been DOWN since Mar 17th, 2021 at 525.8
The short-term trend has been UP since Apr 14th, 2021 at 507.5
Smart Scan Analysis for XAE.M21
Based on our trend formula, XAE.M21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).