Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
S&P 500 INDEX CONSUMER DISCRETIONARY (E-MINI) Sep 2021 (CME:XAY.U21)
Sidelines Mode (+55) - XAY.U21 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 XAY.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAY.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAY.U21
The long-term trend has been UP since Jun 17th, 2021 at 1749.4
The intermediate-term trend has been UP since Jul 26th, 2021 at 1854.6
The short-term trend has been DOWN since Jul 30th, 2021 at 1826.3
Smart Scan Analysis for XAY.U21
Based on our trend formula, XAY.U21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).