Index Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
S&P China A Share Dividend Opportunities Index (CHINESE RENMINBI) (CME:CSPSADRP)
Bull Market Weakness (+75) - CSPSADRP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CSPSADRP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CSPSADRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CSPSADRP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CSPSADRP
The long-term trend has been UP since Feb 14th, 2023 at 9720.90
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 9750.71
The short-term trend has been UP since Mar 15th, 2023 at 9832.22
Smart Scan Analysis for CSPSADRP
Based on our trend formula, CSPSADRP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).