Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P 500 INDEX ENERGY SECTOR (E-MINI) Dec 2021 (CME:XAE.Z21)
Long-Term Uptrend (+90) - XAE.Z21 is in a strong uptrend that is likely to continue. While XAE.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAE.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAE.Z21
The long-term trend has been UP since Sep 23rd, 2021 at 515.9
The intermediate-term trend has been UP since Sep 23rd, 2021 at 515.9
The short-term trend has been UP since Sep 22nd, 2021 at 504.0
Smart Scan Analysis for XAE.Z21
Based on our trend formula, XAE.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).