Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
S&P 500 INDEX CONSUMER DISCRETIONARY (E-MINI) Mar 2022 (CME:XAY.H22)
Strong Downtrend (-100) - XAY.H22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XAY.H22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAY.H22
The long-term trend has been DOWN since Jan 19th, 2022 at 1919.1
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 1945.9
The short-term trend has been DOWN since Jan 14th, 2022 at 1985.4
Smart Scan Analysis for XAY.H22
Based on our trend formula, XAY.H22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).