Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Jun 2022 (CME:XAB.M22)
Strong Downtrend (-100) - XAB.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XAB.M22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.M22
The long-term trend has been DOWN since May 10th, 2022 at 855.3
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 859.8
The short-term trend has been DOWN since Jun 8th, 2022 at 910.7
Smart Scan Analysis for XAB.M22
Based on our trend formula, XAB.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).