Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P Europe BMI (US Dollar) (CME:SPCBMIREUUSD)
Sidelines Mode (-55) - SPCBMIREUUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPCBMIREUUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCBMIREUUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCBMIREUUSD
The long-term trend has been DOWN since Oct 1st, 2021 at 456.04
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 479.38
The short-term trend has been UP since Dec 7th, 2021 at 462.83
Smart Scan Analysis for SPCBMIREUUSD
Based on our trend formula, SPCBMIREUUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||439.35||52wk High Date||2018-01-25|
|52wk Low||346.98||52wk Low Date||2018-10-26|