Index Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
Morningstar North America 100 Equal Weight Index PR EUR (CME:MSEGNWPE)
Strong Downtrend (-100) - MSEGNWPE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MSEGNWPE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSEGNWPE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSEGNWPE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSEGNWPE
The long-term trend has been DOWN since Oct 3rd, 2022 at 3361.52
The intermediate-term trend has been DOWN since Dec 6th, 2022 at 3563.05
The short-term trend has been DOWN since Dec 5th, 2022 at 3599.13
Smart Scan Analysis for MSEGNWPE
Based on our trend formula, MSEGNWPE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).