Index Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
S&P EURO Futures Index Spot (CME:SPEUF)
Bear Market Rally (-75) - SPEUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPEUF as it may be in the beginning of a reversal.
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 Sep 21st, 2023 at 101.373
The intermediate-term trend has been UP since Oct 23rd, 2023 at 101.344
The short-term trend has been DOWN since Nov 30th, 2023 at 103.876
Smart Scan Analysis for SPEUF
Based on our trend formula, SPEUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).