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Future Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
S&P 500 INDEX CONSUMER STAPLES (E-MINI) Dec 2023 (CME:XAP.Z23)
Crossroads (+60) - XAP.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XAP.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAP.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XAP.Z23
The long-term trend has been DOWN since Sep 19th, 2023 at 724.3
The intermediate-term trend has been UP since Nov 2nd, 2023 at 694.3
The short-term trend has been UP since Dec 1st, 2023 at 712.0
Smart Scan Analysis for XAP.Z23
Based on our trend formula, XAP.Z23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 715.0 | 715.0 | 708.3 | 709.0 | -5.7 |
| Prev. Close | Volume | Bid | Ask | Time |
| 709.0 | 2116 | 2023-12-05 17:28:47 |
| Expiration | 2023-12-15 | Open Time | 18:00 |
| Close Time | 17:00 |