Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P 500 INDEX CONSUMER DISCRETIONARY (E-MINI) Mar 2020 (CME:XAY.H20)
Strong Downtrend (-100) - XAY.H20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XAY.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAY.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAY.H20
The long-term trend has been DOWN since Feb 25th, 2020 at 1237.0
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1273.5
The short-term trend has been DOWN since Feb 20th, 2020 at 1320.7
Smart Scan Analysis for XAY.H20
Based on our trend formula, XAY.H20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).