Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
S&P EURO Futures Index TR (CME:SPEUFTR)
Long-Term Downtrend (-90) - SPEUFTR is in a strong downtrend that is likely to continue. While SPEUFTR 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 SPEUFTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUFTR
The long-term trend has been DOWN since Mar 4th, 2021 at 142.90
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 143.64
The short-term trend has been DOWN since Feb 26th, 2021 at 144.65
Smart Scan Analysis for SPEUFTR
Based on our trend formula, SPEUFTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).