Index Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
S&P EUROPE 350 - Utilities (Sector ) (CME:SPE350-55)
Strong Downtrend (-100) - SPE350-55 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPE350-55 continues to fall. Traders should use caution and set stops.
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 Jul 7th, 2023 at 1611.60
The intermediate-term trend has been DOWN since Sep 27th, 2023 at 1542.70
The short-term trend has been DOWN since Sep 21st, 2023 at 1598.38
Smart Scan Analysis for SPE350-55
Based on our trend formula, SPE350-55 is rated as a -100 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|