Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Mar 2022 (CME:XAK.H22)
Long-Term Downtrend (-90) - XAK.H22 is in a strong downtrend that is likely to continue. While XAK.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAK.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAK.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAK.H22
The long-term trend has been DOWN since Jan 10th, 2022 at 1655.4
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 1655.4
The short-term trend has been DOWN since Jan 14th, 2022 at 1650.4
Smart Scan Analysis for XAK.H22
Based on our trend formula, XAK.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).