Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Dec 2023 (CME:XAI.Z23)
Bull Market Weakness (+75) - XAI.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAI.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAI.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAI.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAI.Z23
The long-term trend has been DOWN since Sep 11th, 2023 at 1072.2
The intermediate-term trend has been UP since Nov 13th, 2023 at 1035.9
The short-term trend has been UP since Nov 30th, 2023 at 1071.3
Smart Scan Analysis for XAI.Z23
Based on our trend formula, XAI.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).