Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
S&P Euro-Bund Futures Excess Return Index (CME:SPEUBDP)
Countertrend Down (-85) - SPEUBDP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Feb 4th, 2021 at 242.44
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 238.93
The short-term trend has been UP since May 4th, 2021 at 238.33
Smart Scan Analysis for SPEUBDP
Based on our trend formula, SPEUBDP is rated as a -85 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|