Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
S&P 500 INDEX ENERGY SECTOR (E-MINI) Sep 2021 (CME:XAE.U21)
Bear Market Rally (-75) - XAE.U21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XAE.U21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid XAE.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAE.U21
The long-term trend has been DOWN since Jun 17th, 2021 at 563.0
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 563.0
The short-term trend has been UP since Jul 26th, 2021 at 514.5
Smart Scan Analysis for XAE.U21
Based on our trend formula, XAE.U21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).