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Index Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Bull Market Weakness (+75) - NFEMOMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NFEMOMT as it may be in the beginning stages of a reversal.

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

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

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

CME_NFEMOMT
Open High Low NFEMOMT Price Change
151.536 152.660 151.218 152.158 +0.747
Entry Signal

MarketClub’s Trade Triangles for NFEMOMT

long term up The long-term trend has been UP since Jan 4th, 2021 at 130.768

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 152.200

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 152.876

Smart Scan Analysis for NFEMOMT

Based on our trend formula, NFEMOMT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NFEMOMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.536 152.660 151.218 152.158 +0.747
Prev. Close Volume Bid Ask Time
151.411 0 2021-10-22 09:54:09
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