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Future Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

S&P 500 INDEX ENERGY SECTOR (E-MINI) Sep 2020 (CME:XAE.U20)

Bull Market Weakness (+75) - XAE.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAE.U20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XAE.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.U20.

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

CME_XAE.U20
Open High Low XAE.U20 Price Change
380.2 385.0 376.6 384.2 +0.1
Entry Signal

MarketClub’s Trade Triangles for XAE.U20

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 388.6

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 398.8

short term up The short-term trend has been UP since Aug 4th, 2020 at 381.3

Smart Scan Analysis for XAE.U20

Based on our trend formula, XAE.U20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XAE.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
380.2 385.0 376.6 384.2 +0.1
Prev. Close Volume Bid Ask Time
408.0 195 2020-08-07 15:59:00
Expiration2020-09-18Open Time18:00
Close Time17:00
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