Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Jun 2021 (CME:XAK.M21)
Countertrend Up (+85) - XAK.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XAK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAK.M21
The long-term trend has been UP since Apr 1st, 2021 at 1356.8
The intermediate-term trend has been UP since Apr 1st, 2021 at 1356.8
The short-term trend has been DOWN since Apr 20th, 2021 at 1423.0
Smart Scan Analysis for XAK.M21
Based on our trend formula, XAK.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).