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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.

CME_SPTEST1
Open High Low SPTEST1 Price Change
2942.42 2943.56 2941.31 2943.15 +0.84
Entry Signal

MarketClub’s Trade Triangles for SPTEST1

long term up The long-term trend has been UP since Dec 1st, 2023 at 2398.63

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 2975.43

short term down 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).

+85
Smart Scan Analysis for SPTEST1
Strong Downtrend Sideways 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
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