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Index Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
Morningstar US Energy Sector Capped PR USD (CME:MES)
Bull Market Weakness (+75) - MES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MES as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MES?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.
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 MES
The long-term trend has been UP since Oct 4th, 2021 at 7227.91
The intermediate-term trend has been UP since Jan 3rd, 2022 at 7498.20
The short-term trend has been DOWN since Jan 21st, 2022 at 8314.57
Smart Scan Analysis for MES
Based on our trend formula, MES is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8263.85 | 8276.44 | 8071.05 | 8153.09 | -172.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8153.09 | 0 | 2022-01-21 16:20:02 |