Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Dec 2021 (CME:XAP.Z21)
Bull Market Weakness (+75) - XAP.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAP.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAP.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAP.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAP.Z21
The long-term trend has been DOWN since Sep 14th, 2021 at 717.3
The intermediate-term trend has been UP since Oct 14th, 2021 at 712.2
The short-term trend has been UP since Oct 22nd, 2021 at 713.1
Smart Scan Analysis for XAP.Z21
Based on our trend formula, XAP.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).