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Index Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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

Weak Uptrend (+65) - NFEMOMP is showing signs of weakening momentum to the upside. Monitor NFEMOMP as it may be in the beginning stages of a reversal.

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
124.828 126.358 124.828 125.849 +1.334
Entry Signal

MarketClub’s Trade Triangles for NFEMOMP

long term up The long-term trend has been UP since Jan 4th, 2021 at 112.617

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 120.828

short term up The short-term trend has been UP since May 6th, 2021 at 123.997

Smart Scan Analysis for NFEMOMP

Based on our trend formula, NFEMOMP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NFEMOMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.828 126.358 124.828 125.849 +1.334
Prev. Close Volume Bid Ask Time
124.515 0 2021-05-07 13:06:06
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