Index Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
S&P EUROPE 350 (USD) (WM) (Net TR) (CME:SPE350USDNTRWM)
Sidelines Mode (-55) - SPE350USDNTRWM 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 SPE350USDNTRWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350USDNTRWM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350USDNTRWM
The long-term trend has been UP since Nov 9th, 2020 at 3456.65
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 4369.25
The short-term trend has been UP since Dec 1st, 2021 at 4248.93
Smart Scan Analysis for SPE350USDNTRWM
Based on our trend formula, SPE350USDNTRWM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3667.02||52wk High Date||2018-01-25|
|52wk Low||2979.9||52wk Low Date||2018-10-26|