Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P EURO Futures Index ER (CME:SPEUFP)
Long-Term Downtrend (-90) - SPEUFP is in a strong downtrend that is likely to continue. While SPEUFP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPEUFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUFP
The long-term trend has been DOWN since Mar 4th, 2021 at 98.963
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 85.899
The short-term trend has been DOWN since Jun 29th, 2022 at 85.874
Smart Scan Analysis for SPEUFP
Based on our trend formula, SPEUFP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).