Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
S&P 500 INDEX FINANCIAL SECTOR (E-MINI) Sep 2020 (CME:XAF.U20)
Sidelines Mode (+55) - XAF.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAF.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAF.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAF.U20
The long-term trend has been UP since Aug 7th, 2020 at 304.80
The intermediate-term trend has been UP since Jul 15th, 2020 at 297.30
The short-term trend has been DOWN since Sep 17th, 2020 at 303.55
Smart Scan Analysis for XAF.U20
Based on our trend formula, XAF.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).