Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P 500 INDEX MATERIALS SECTOR (E-MINI) Sep 2021 (CME:XAB.U21)
Weak Downtrend (-65) - XAB.U21 is showing signs of a strengthening downtrend. Monitor XAB.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XAB.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAB.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAB.U21
The long-term trend has been UP since Aug 11th, 2021 at 910.3
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 882.8
The short-term trend has been DOWN since Sep 7th, 2021 at 892.6
Smart Scan Analysis for XAB.U21
Based on our trend formula, XAB.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).