Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P China 500 (HKD) (CME:SPC500HP)
Bull Market Weakness (+75) - SPC500HP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPC500HP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPC500HP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC500HP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPC500HP
The long-term trend has been UP since Jun 19th, 2020 at 3374.48
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 4673.44
The short-term trend has been UP since Apr 14th, 2021 at 4317.55
Smart Scan Analysis for SPC500HP
Based on our trend formula, SPC500HP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).