Index Trend Analysis Report
Prepared for you on Friday, September 24, 2021.
S&P Momentum Developed ex US & South Korea LargeMidCap Index (US Dollar) Gross Total Return (CME:SPDUKMUT)
Long-Term Uptrend (+90) - SPDUKMUT is in a strong uptrend that is likely to continue. While SPDUKMUT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPDUKMUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDUKMUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPDUKMUT
The long-term trend has been UP since Jul 12th, 2021 at 800.80
The intermediate-term trend has been UP since Jul 26th, 2021 at 804.71
The short-term trend has been UP since Sep 23rd, 2021 at 854.95
Smart Scan Analysis for SPDUKMUT
Based on our trend formula, SPDUKMUT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).