Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
S&P 500 INDEX FINANCIAL SECTOR (E-MINI) Sep 2021 (CME:XAF.U21)
Sidelines Mode (-55) - XAF.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAF.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAF.U21
The long-term trend has been DOWN since Jun 10th, 2021 at 467.70
The intermediate-term trend has been UP since Aug 2nd, 2021 at 456.35
The short-term trend has been DOWN since Aug 3rd, 2021 at 445.75
Smart Scan Analysis for XAF.U21
Based on our trend formula, XAF.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).