Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
S&P Diversified Trends Indicator (CME:SPDTP)
Sidelines Mode (+55) - SPDTP 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 SPDTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDTP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPDTP
The long-term trend has been DOWN since Sep 8th, 2020 at 1014.23
The intermediate-term trend has been UP since Nov 30th, 2020 at 1031.17
The short-term trend has been DOWN since Dec 3rd, 2020 at 1023.08
Smart Scan Analysis for SPDTP
Based on our trend formula, SPDTP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1118.09||52wk High Date||2018-11-14|
|52wk Low||1068.88||52wk Low Date||2018-02-09|