Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
SPECTRUM - Long / Short 8% Index ER (NEW VA) (CME:SPBNP8ER)
Bear Market Rally (-75) - SPBNP8ER is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPBNP8ER as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPBNP8ER?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBNP8ER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBNP8ER
The long-term trend has been DOWN since Nov 10th, 2020 at 255.81
The intermediate-term trend has been UP since Sep 27th, 2021 at 228.62
The short-term trend has been DOWN since Oct 26th, 2021 at 231.92
Smart Scan Analysis for SPBNP8ER
Based on our trend formula, SPBNP8ER is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||230.22||52wk High Date||2018-06-15|
|52wk Low||210.47||52wk Low Date||2018-04-25|