Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
S&P EUROPE 350 - Energy (Sector ) (CME:SPE350-10)
Long-Term Downtrend (-90) - SPE350-10 is in a strong downtrend that is likely to continue. While SPE350-10 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPE350-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350-10
The long-term trend has been DOWN since Mar 15th, 2023 at 1362.31
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 1448.28
The short-term trend has been DOWN since Mar 24th, 2023 at 1325.79
Smart Scan Analysis for SPE350-10
Based on our trend formula, SPE350-10 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1538.01||52wk High Date||2018-05-22|
|52wk Low||1228.19||52wk Low Date||2018-02-09|