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Future Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Jun 2021 (CME:XAE.M21)

Long-Term Uptrend (+90) - XAE.M21 is in a strong uptrend that is likely to continue. While XAE.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid XAE.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_XAE.M21
Open High Low XAE.M21 Price Change
565.1 571.6 555.1 560.5 +3.4
Entry Signal

MarketClub’s Trade Triangles for XAE.M21

long term up The long-term trend has been UP since May 10th, 2021 at 558.2

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2021 at 520.3

short term up The short-term trend has been UP since Apr 26th, 2021 at 498.7

Smart Scan Analysis for XAE.M21

Based on our trend formula, XAE.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XAE.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
565.1 571.6 555.1 560.5 +3.4
Prev. Close Volume Bid Ask Time
557.1 922 2021-05-10 14:33:09
Expiration2021-06-18Open Time18:00
Close Time17:00
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