Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
S&P/BOVESPA Low Volatility Index TR (CME:SPBRLVBT)
Strong Downtrend (-100) - SPBRLVBT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBRLVBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBRLVBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBRLVBT
The long-term trend has been DOWN since Aug 5th, 2021 at 47915.52
The intermediate-term trend has been DOWN since Oct 21st, 2021 at 45982.60
The short-term trend has been DOWN since Oct 19th, 2021 at 47515.04
Smart Scan Analysis for SPBRLVBT
Based on our trend formula, SPBRLVBT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).