Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Momentum Emerging Plus LargeMidCap Index (US Dollar) Net Total Return (CME:SPEMPMUN)
Long-Term Downtrend (-90) - SPEMPMUN is in a strong downtrend that is likely to continue. While SPEMPMUN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPEMPMUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEMPMUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEMPMUN
The long-term trend has been DOWN since Feb 26th, 2020 at 728.52
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 781.31
The short-term trend has been DOWN since Apr 1st, 2020 at 508.85
Smart Scan Analysis for SPEMPMUN
Based on our trend formula, SPEMPMUN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).