Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P EURO Futures Index Spot (CME:SPEUF)
Countertrend Down (-85) - SPEUF 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 SPEUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUF
The long-term trend has been DOWN since Aug 6th, 2021 at 111.77
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 109.60
The short-term trend has been UP since Nov 26th, 2021 at 107.14
Smart Scan Analysis for SPEUF
Based on our trend formula, SPEUF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).