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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Up (+85) - NFEMOMT 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 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
220.50 222.00 220.29 221.22 +0.79
Entry Signal

MarketClub’s Trade Triangles for NFEMOMT

long term up The long-term trend has been UP since Nov 14th, 2023 at 168.71

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2024 at 218.72

short term up The short-term trend has been UP since Dec 24th, 2024 at 221.36

Smart Scan Analysis for NFEMOMT

Based on our trend formula, NFEMOMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NFEMOMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
220.50 222.00 220.29 221.22 +0.79
Prev. Close Volume Bid Ask Time
221.22 0 2024-12-24 11:29:59
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