Index Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
S&P Europe 350 Enhanced Value Total Return Index (CME:SPEEVET)
Sidelines Mode (-55) - SPEEVET 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 SPEEVET?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEEVET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEEVET
The long-term trend has been DOWN since Jul 5th, 2022 at 278.17
The intermediate-term trend has been UP since Jul 28th, 2022 at 291.25
The short-term trend has been DOWN since Aug 17th, 2022 at 306.13
Smart Scan Analysis for SPEEVET
Based on our trend formula, SPEEVET is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).