Future Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
S&P 500 INDEX CONSUMER DISCRETIONARY (E-MINI) Jun 2021 (CME:XAY.M21)
Weak Uptrend (+65) - XAY.M21 is showing signs of weakening momentum to the upside. Monitor XAY.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XAY.M21
The long-term trend has been UP since Apr 5th, 2021 at 1715.8
The intermediate-term trend has been DOWN since May 4th, 2021 at 1760.0
The short-term trend has been UP since Jun 8th, 2021 at 1726.5
Smart Scan Analysis for XAY.M21
Based on our trend formula, XAY.M21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).