Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
S&P Momentum Emerging Plus LargeMidCap Index (US Dollar) (CME:SPEMPMUP)
Sidelines Mode (+55) - SPEMPMUP 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 SPEMPMUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEMPMUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEMPMUP
The long-term trend has been UP since Jan 13th, 2022 at 761.17
The intermediate-term trend has been UP since Jan 3rd, 2022 at 739.90
The short-term trend has been DOWN since Jan 18th, 2022 at 754.85
Smart Scan Analysis for SPEMPMUP
Based on our trend formula, SPEMPMUP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).