Future Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
S&P 500 INDEX INDUSTRIAL SECTOR (E-MINI) Dec 2020 (CME:XAI.Z20)
Countertrend Up (+85) - XAI.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAI.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAI.Z20
The long-term trend has been UP since Oct 8th, 2020 at 803.1
The intermediate-term trend has been UP since Oct 8th, 2020 at 803.1
The short-term trend has been DOWN since Oct 21st, 2020 at 806.8
Smart Scan Analysis for XAI.Z20
Based on our trend formula, XAI.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).