Index Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
S&P 500 Buyback FCF Index (CME:SPBUYFUP)
Weak Downtrend (-65) - SPBUYFUP is showing signs of a strengthening downtrend. Monitor SPBUYFUP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPBUYFUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBUYFUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBUYFUP
The long-term trend has been DOWN since Nov 30th, 2021 at 47220.43
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 48991.53
The short-term trend has been UP since Dec 6th, 2021 at 48453.54
Smart Scan Analysis for SPBUYFUP
Based on our trend formula, SPBUYFUP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).