Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
S&P Eurozone Low Volatility USD Hedged Index (CME:SPELVUPH)
Bull Market Weakness (+75) - SPELVUPH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPELVUPH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPELVUPH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPELVUPH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPELVUPH
The long-term trend has been UP since Nov 9th, 2020 at 296.19
The intermediate-term trend has been UP since May 17th, 2021 at 321.50
The short-term trend has been DOWN since Jun 17th, 2021 at 328.15
Smart Scan Analysis for SPELVUPH
Based on our trend formula, SPELVUPH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).