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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

SPECTRUM - Long / Short 8% Index ER (NEW VA) (CME:SPBNP8ER)

Sidelines Mode (+55) - SPBNP8ER is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

CME_SPBNP8ER
Open High Low SPBNP8ER Price Change
254.95 254.95 254.31 254.46 -0.49
Entry Signal

MarketClub’s Trade Triangles for SPBNP8ER

long term up The long-term trend has been UP since Jan 2nd, 2020 at 216.97

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2019 at 213.38

short term down The short-term trend has been DOWN since May 26th, 2020 at 256.02

Smart Scan Analysis for SPBNP8ER

Based on our trend formula, SPBNP8ER is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBNP8ER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
254.95 254.95 254.31 254.46 -0.49
Prev. Close Volume Bid Ask Time
247.55 0 2020-06-01 11:44:15
52wk High230.2252wk High Date2018-06-15
52wk Low210.4752wk Low Date2018-04-25
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