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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

S&P 500 INDEX TECHNOLOGY SECTOR (E-MINI) Dec 2020 (CME:XAK.Z20)

Countertrend Up (+85) - XAK.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 XAK.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAK.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_XAK.Z20
Open High Low XAK.Z20 Price Change
1226.1 1227.4 1192.2 1202.0 -14.5
Entry Signal

MarketClub’s Trade Triangles for XAK.Z20

long term up The long-term trend has been UP since Sep 30th, 2020 at 1177.5

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2020 at 1177.5

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 1215.2

Smart Scan Analysis for XAK.Z20

Based on our trend formula, XAK.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for XAK.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1226.1 1227.4 1192.2 1202.0 -14.5
Prev. Close Volume Bid Ask Time
1150.9 265 2020-10-19 16:32:24
Expiration2020-12-18Open Time18:00
Close Time17:00
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