Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

S&P Financials & Real Estate Index (USD) TR (Custom) (CME:SPFREITR)

Countertrend Up (+85) - SPFREITR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPFREITR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPFREITR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPFREITR
Open High Low SPFREITR Price Change
3941.80 3970.16 3933.35 3968.91 +27.31
Entry Signal

MarketClub’s Trade Triangles for SPFREITR

long term up The long-term trend has been UP since Nov 29th, 2023 at 3251.51

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2024 at 3795.84

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 3944.23

Smart Scan Analysis for SPFREITR

Based on our trend formula, SPFREITR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPFREITR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3941.80 3970.16 3933.35 3968.91 +27.31
Prev. Close Volume Bid Ask Time
3968.91 0 2024-07-22 16:20:00
Get a free daily analysis and signals for S&P Financials & Real Estate Index (USD) TR (Custom) (SPFREITR) - Request Your Free Report.