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Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

S&P Custom/BNP Paribas SPECTRUM US Sector Momentum Index (NEW VA) (CME:SPBNPSP)

Long-Term Uptrend (+90) - SPBNPSP is in a strong uptrend that is likely to continue. While SPBNPSP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ?

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

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

CME_SPBNPSP
Open High Low SPBNPSP Price Change
2894.38 2950.25 2894.38 2902.78 +8.40
Entry Signal

MarketClub’s Trade Triangles for SPBNPSP

long term up The long-term trend has been UP since Sep 9th, 2019 at 2576.23

intermediate term up The intermediate-term trend has been UP since Dec 12th, 2019 at 2688.59

short term up The short-term trend has been UP since Feb 4th, 2020 at 2863.76

Smart Scan Analysis for SPBNPSP

Based on our trend formula, SPBNPSP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPBNPSP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2894.38 2950.25 2894.38 2902.78 +8.40
Prev. Close Volume Bid Ask Time
2761.55 0 2020-02-14 19:18:55
52wk High2543.752wk High Date2018-10-01
52wk Low279.7852wk Low Date2018-02-16
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