Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P 500 INDEX FINANCIAL SECTOR (E-MINI) Sep 2020 (CME:XAF.U20)
Crossroads (+60) - XAF.U20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAF.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAF.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAF.U20
The long-term trend has been DOWN since Jun 24th, 2020 at 282.9
The intermediate-term trend has been UP since Jul 15th, 2020 at 297.3
The short-term trend has been UP since Aug 5th, 2020 at 297.9
Smart Scan Analysis for XAF.U20
Based on our trend formula, XAF.U20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).