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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.

CME_XAZ.U22
Open High Low XAZ.U22 Price Change
306.20 306.80 306.20 307.05 -3.70
Entry Signal

MarketClub’s Trade Triangles for XAZ.U22

long term up The long-term trend has been UP since Jun 27th, 2022 at 298.75

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 299.50

short term down 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).

+75
Smart Scan Analysis for XAZ.U22
Strong Downtrend Sideways 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
Expiration2022-09-16Open Time18:00
Close Time17:00
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