Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Sep 2022 (CME:XAI.U22)
Countertrend Up (+85) - XAI.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XAI.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAI.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XAI.U22
The long-term trend has been UP since Jul 29th, 2022 at 958.3
The intermediate-term trend has been UP since Jul 21st, 2022 at 909.8
The short-term trend has been DOWN since Aug 19th, 2022 at 998.9
Smart Scan Analysis for XAI.U22
Based on our trend formula, XAI.U22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 999.2 | 999.8 | 992.3 | 995.1 | -13.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 995.1 | 179 | 2022-08-19 15:59:59 |
| Expiration | 2022-09-16 | Open Time | 18:00 |
| Close Time | 17:00 |