Future Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Sep 2021 (CME:XAP.U21)
Countertrend Up (+85) - XAP.U21 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 XAP.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAP.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAP.U21
The long-term trend has been UP since Jul 14th, 2021 at 709.0
The intermediate-term trend has been UP since Jul 14th, 2021 at 708.6
The short-term trend has been DOWN since Jul 29th, 2021 at 711.9
Smart Scan Analysis for XAP.U21
Based on our trend formula, XAP.U21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).