Index Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
Morningstar North America 100 Equal Weight Index GR EUR (CME:MSEGNWGE)
Countertrend Up (+85) - MSEGNWGE 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 MSEGNWGE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSEGNWGE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSEGNWGE
The long-term trend has been UP since Jun 5th, 2020 at 3827.63
The intermediate-term trend has been UP since Mar 9th, 2021 at 4417.53
The short-term trend has been DOWN since Apr 15th, 2021 at 4645.84
Smart Scan Analysis for MSEGNWGE
Based on our trend formula, MSEGNWGE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).