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Index Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

S&P/BOVESPA Inverse-Risk Weighted Index TR (CME:SPBRRWBT)

Countertrend Up (+85) - SPBRRWBT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPBRRWBT?

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

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

CME_SPBRRWBT
Open High Low SPBRRWBT Price Change
31921.94 31981.64 31659.04 31960.71 +159.09
Entry Signal

MarketClub’s Trade Triangles for SPBRRWBT

long term up The long-term trend has been UP since Apr 13th, 2021 at 28972.29

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2021 at 27750.10

short term down The short-term trend has been DOWN since Jun 18th, 2021 at 31567.86

Smart Scan Analysis for SPBRRWBT

Based on our trend formula, SPBRRWBT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBRRWBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31921.94 31981.64 31659.04 31960.71 +159.09
Prev. Close Volume Bid Ask Time
31962.00 0 2021-06-21 16:34:50
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