Future Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
S&P 500 INDEX HEALTHCARE SECTOR (E-MINI) Sep 2020 (CME:XAV.U20)
Countertrend Up (+85) - XAV.U20 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 XAV.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAV.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAV.U20
The long-term trend has been UP since Jul 15th, 2020 at 1042.9
The intermediate-term trend has been UP since Jul 6th, 2020 at 1029.7
The short-term trend has been DOWN since Jul 31st, 2020 at 1059.3
Smart Scan Analysis for XAV.U20
Based on our trend formula, XAV.U20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).