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Future Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Sep 2023 (CME:XAE.U23)

Strong Uptrend (+100) - XAE.U23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XAE.U23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid XAE.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.U23.

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

CME_XAE.U23
Open High Low XAE.U23 Price Change
974.30 978.90 974.30 967.78 +11.20
Entry Signal

MarketClub’s Trade Triangles for XAE.U23

long term up The long-term trend has been UP since Jul 3rd, 2023 at 865.3

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2023 at 865.3

short term up The short-term trend has been UP since Sep 12th, 2023 at 972.4

Smart Scan Analysis for XAE.U23

Based on our trend formula, XAE.U23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for XAE.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
974.30 978.90 974.30 967.78 +11.20
Prev. Close Volume Bid Ask Time
975.70 530 2023-09-14 14:19:06
Expiration2023-09-15Open Time18:00
Close Time17:00
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