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Index Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

S&P Nordic LargeCap Index NTR EUR (2004) (CME:SBPRNLEN)

Countertrend Down (-85) - SBPRNLEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SBPRNLEN
Open High Low SBPRNLEN Price Change
377.00 377.35 372.05 372.91 -4.13
Entry Signal

MarketClub’s Trade Triangles for SBPRNLEN

long term down The long-term trend has been DOWN since Sep 22nd, 2022 at 367.13

intermediate term down The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 403.61

short term up The short-term trend has been UP since Oct 3rd, 2022 at 362.88

Smart Scan Analysis for SBPRNLEN

Based on our trend formula, SBPRNLEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SBPRNLEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
377.00 377.35 372.05 372.91 -4.13
Prev. Close Volume Bid Ask Time
377.04 0 2022-10-05 11:29:59
52wk High283.9152wk High Date2018-09-28
52wk Low246.9452wk Low Date2018-11-20
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