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.
MarketClub’s Trade Triangles for XAP.U22
The long-term trend has been UP since Jun 28th, 2022 at 737.3
The intermediate-term trend has been UP since Jun 28th, 2022 at 737.3
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).