Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
SPTEST1 (CME:SPTEST1)
Countertrend Up (+85) - SPTEST1 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPTEST1?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTEST1.
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 SPTEST1
The long-term trend has been UP since Dec 1st, 2023 at 2398.63
The intermediate-term trend has been UP since Nov 7th, 2024 at 2975.43
The short-term trend has been DOWN since Nov 12th, 2024 at 2986.24
Smart Scan Analysis for SPTEST1
Based on our trend formula, SPTEST1 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2942.42 | 2943.56 | 2941.31 | 2943.15 | +0.84 |
Prev. Close | Volume | Bid | Ask | Time |
2942.31 | 0 | 2024-11-20 03:11:18 |