Future Trend Analysis Report
Prepared for you on Tuesday, September 29, 2020.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Sep 2020 (CME:XAP.U20)
Sidelines Mode (+55) - XAP.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAP.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAP.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAP.U20
The long-term trend has been UP since Jul 10th, 2020 at 603.0
The intermediate-term trend has been UP since Jul 10th, 2020 at 603.0
The short-term trend has been DOWN since Sep 4th, 2020 at 653.1
Smart Scan Analysis for XAP.U20
Based on our trend formula, XAP.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).