Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Sep 2020 (CME:XAI.U20)
Long-Term Uptrend (+90) - XAI.U20 is in a strong uptrend that is likely to continue. While XAI.U20 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 XAI.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAI.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAI.U20
The long-term trend has been UP since Jul 21st, 2020 at 724.3
The intermediate-term trend has been UP since Jul 15th, 2020 at 705.3
The short-term trend has been UP since Aug 5th, 2020 at 725.4
Smart Scan Analysis for XAI.U20
Based on our trend formula, XAI.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).