Index Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
S&P Pan Asia ex-JANZ Health Care 50 (CME:SPAXHCHP)
Bear Market Rally (-75) - SPAXHCHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPAXHCHP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPAXHCHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAXHCHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAXHCHP
The long-term trend has been DOWN since Jul 26th, 2021 at 296.21
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 271.27
The short-term trend has been UP since Nov 26th, 2021 at 246.08
Smart Scan Analysis for SPAXHCHP
Based on our trend formula, SPAXHCHP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).