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Future Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Sep 2020 (CME:XAE.U20)

Bear Market Rally (-75) - XAE.U20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XAE.U20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid XAE.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.U20.

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

CME_XAE.U20
Open High Low XAE.U20 Price Change
343.3 349.3 343.0 349.3 -1.0
Entry Signal

MarketClub’s Trade Triangles for XAE.U20

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 388.6

intermediate term down The intermediate-term trend has been DOWN since Aug 27th, 2020 at 368.9

short term up The short-term trend has been UP since Sep 16th, 2020 at 344.0

Smart Scan Analysis for XAE.U20

Based on our trend formula, XAE.U20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for XAE.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
343.3 349.3 343.0 349.3 -1.0
Prev. Close Volume Bid Ask Time
350.3 737 2020-09-17 15:50:00
Expiration2020-09-18Open Time18:00
Close Time17:00
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