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Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
COMMUNICATION SVCS SELECT SECTOR (E-MINI) Sep 2022 (CME:XAZ.U22)
Bull Market Weakness (+75) - XAZ.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XAZ.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XAZ.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XAZ.U22.
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 XAZ.U22
The long-term trend has been UP since Jun 27th, 2022 at 298.75
The intermediate-term trend has been UP since Jul 19th, 2022 at 299.50
The short-term trend has been DOWN since Aug 17th, 2022 at 308.50
Smart Scan Analysis for XAZ.U22
Based on our trend formula, XAZ.U22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 306.20 | 306.80 | 306.20 | 307.05 | -3.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 306.80 | 5 | 2022-08-18 10:40:25 |
| Expiration | 2022-09-16 | Open Time | 18:00 |
| Close Time | 17:00 |