Index Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
S&P Euro-Bund Futures Excess Return Index (CME:SPEUBDP)
Sidelines Mode (-55) - SPEUBDP 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 SPEUBDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUBDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUBDP
The long-term trend has been DOWN since Mar 19th, 2020 at 234.21
The intermediate-term trend has been UP since Jun 22nd, 2020 at 241.21
The short-term trend has been DOWN since Jul 1st, 2020 at 241.86
Smart Scan Analysis for SPEUBDP
Based on our trend formula, SPEUBDP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||221.58||52wk High Date||2018-11-29|
|52wk Low||208.84||52wk Low Date||2018-02-08|