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Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P 500 INDEX CONSUMER DISCRETIONARY (E-MINI) Dec 2023 (CME:XAY.Z23)
Bull Market Weakness (+75) - XAY.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAY.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAY.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAY.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XAY.Z23
The long-term trend has been DOWN since Sep 19th, 2023 at 1724.6
The intermediate-term trend has been UP since Nov 13th, 2023 at 1647.0
The short-term trend has been UP since Dec 5th, 2023 at 1729.5
Smart Scan Analysis for XAY.Z23
Based on our trend formula, XAY.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1736.2 | 1752.0 | 1735.8 | 1748.6 | +7.6 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1748.2 | 1059 | 2023-12-08 15:59:03 |
| Expiration | 2023-12-15 | Open Time | 18:00 |
| Close Time | 17:00 |