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Future Trend Analysis Report

Prepared for you on Wednesday, May 18, 2022.

S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Jun 2022 (CME:XAI.M22)

Countertrend Down (-85) - XAI.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid XAI.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAI.M22.

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

CME_XAI.M22
Open High Low XAI.M22 Price Change
946.9 948.0 916.9 920.4 -35.3
Entry Signal

MarketClub’s Trade Triangles for XAI.M22

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 980.0

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 991.9

short term up The short-term trend has been UP since May 17th, 2022 at 945.5

Smart Scan Analysis for XAI.M22

Based on our trend formula, XAI.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for XAI.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
946.9 948.0 916.9 920.4 -35.3
Prev. Close Volume Bid Ask Time
955.7 331 2022-05-18 15:59:57
Expiration2022-06-17Open Time18:00
Close Time17:00
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