Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
MINI MSCI EUROPE GROWTH INDEX DECEMBER 2021 (ICE:@MGE.Z21)
Crossroads (+60) - @MGE.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @MGE.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MGE.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MGE.Z21
The long-term trend has been UP since Nov 9th, 2020 at 158.48
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 196.56
The short-term trend has been DOWN since Sep 28th, 2021 at 195.83
Smart Scan Analysis for @MGE.Z21
Based on our trend formula, @MGE.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).