Index Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
S&P Kuwait LargeMidCap Index NTR (CME:SPGKWDLMN)
Long-Term Uptrend (+90) - SPGKWDLMN is in a strong uptrend that is likely to continue. While SPGKWDLMN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPGKWDLMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGKWDLMN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGKWDLMN
The long-term trend has been UP since Aug 17th, 2020 at 115.17
The intermediate-term trend has been UP since Dec 17th, 2020 at 122.92
The short-term trend has been UP since Dec 30th, 2020 at 121.20
Smart Scan Analysis for SPGKWDLMN
Based on our trend formula, SPGKWDLMN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).