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Future Trend Analysis Report

Prepared for you on Sunday, August 7, 2022.

S&P 500 INDEX CONSUMER STAPLES (E-MINI) Sep 2022 (CME:XAP.U22)

Countertrend Up (+85) - XAP.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 XAP.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for XAP.U22.

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

CME_XAP.U22
Open High Low XAP.U22 Price Change
749.0 751.9 744.4 751.8 -0.8
Entry Signal

MarketClub’s Trade Triangles for XAP.U22

long term up The long-term trend has been UP since Jun 28th, 2022 at 737.3

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 737.3

short term down The short-term trend has been DOWN since Aug 5th, 2022 at 750.3

Smart Scan Analysis for XAP.U22

Based on our trend formula, XAP.U22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for XAP.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
749.0 751.9 744.4 751.8 -0.8
Prev. Close Volume Bid Ask Time
751.9 231 2022-08-05 15:59:50
Expiration2022-09-16Open Time18:00
Close Time17:00
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