Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Mar 2021 (CME:XAK.H21)
Weak Downtrend (-65) - XAK.H21 is showing signs of a strengthening downtrend. Monitor XAK.H21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XAK.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAK.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAK.H21
The long-term trend has been UP since Dec 14th, 2020 at 1254.9
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1304.1
The short-term trend has been DOWN since Mar 3rd, 2021 at 1303.5
Smart Scan Analysis for XAK.H21
Based on our trend formula, XAK.H21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).