Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Mar 2020 (CME:XAB.H20)
Weak Downtrend (-65) - XAB.H20 is showing signs of a strengthening downtrend. Monitor XAB.H20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XAB.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.H20
The long-term trend has been DOWN since Jan 3rd, 2020 at 636.7
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 636.7
The short-term trend has been UP since Feb 20th, 2020 at 641.2
Smart Scan Analysis for XAB.H20
Based on our trend formula, XAB.H20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).