Index Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
S&P 500 Carry Adjusted Total Return Index (CME:SPCATR)
Countertrend Up (+85) - SPCATR 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 SPCATR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCATR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCATR
The long-term trend has been UP since Jun 5th, 2020 at 4876.05
The intermediate-term trend has been UP since Jul 23rd, 2021 at 6941.86
The short-term trend has been DOWN since Aug 2nd, 2021 at 6936.61
Smart Scan Analysis for SPCATR
Based on our trend formula, SPCATR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).