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Index Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

NewFunds Risk-Controlled WITS SA-Momentum Index (CME:NFEMOMP)

Sidelines Mode (-55) - NFEMOMP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NFEMOMP?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFEMOMP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_NFEMOMP
Open High Low NFEMOMP Price Change
126.53 128.90 126.48 128.61 +2.08
Entry Signal

MarketClub’s Trade Triangles for NFEMOMP

long term down The long-term trend has been DOWN since May 6th, 2022 at 126.15

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2022 at 134.38

short term up The short-term trend has been UP since May 27th, 2022 at 127.25

Smart Scan Analysis for NFEMOMP

Based on our trend formula, NFEMOMP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NFEMOMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.53 128.90 126.48 128.61 +2.08
Prev. Close Volume Bid Ask Time
128.61 0 2022-05-27 13:53:51
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