Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P EUROPE 350 - Utilities (Sector ) (CME:SPE350-55)
Sidelines Mode (-55) - SPE350-55 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 SPE350-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-55.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350-55
The long-term trend has been DOWN since Sep 20th, 2021 at 1562.33
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 1640.97
The short-term trend has been UP since Oct 14th, 2021 at 1569.96
Smart Scan Analysis for SPE350-55
Based on our trend formula, SPE350-55 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1383.99||52wk High Date||2017-12-06|
|52wk Low||1122.36||52wk Low Date||2018-02-12|