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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.

CME_XAE.M21
Open High Low XAE.M21 Price Change
507.9 510.7 500.2 501.5 -4.7
Entry Signal

MarketClub’s Trade Triangles for XAE.M21

long term down The long-term trend has been DOWN since Mar 17th, 2021 at 525.8

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2021 at 525.8

short term up 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).

-85
Smart Scan Analysis for XAE.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
507.9 510.7 500.2 501.5 -4.7
Prev. Close Volume Bid Ask Time
501.5 513 2021-04-16 15:57:33
Expiration2021-06-18Open Time18:00
Close Time17:00
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