Future Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Jun 2021 (CME:XAB.M21)
Crossroads (-60) - XAB.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.M21
The long-term trend has been UP since Mar 26th, 2021 at 833.8
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 903.0
The short-term trend has been DOWN since Jun 3rd, 2021 at 916.9
Smart Scan Analysis for XAB.M21
Based on our trend formula, XAB.M21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).