Index Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
Strong Downtrend (-100) - SPTEST1 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPTEST1 continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPTEST1
The long-term trend has been DOWN since Jan 24th, 2022 at 2342.94
The intermediate-term trend has been DOWN since Aug 24th, 2022 at 2155.16
The short-term trend has been DOWN since Sep 14th, 2022 at 2068.32
Smart Scan Analysis for SPTEST1
Based on our trend formula, SPTEST1 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).