Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P Japan 500 (CME:SPJ)
Strong Downtrend (-100) - SPJ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPJ continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPJ
The long-term trend has been DOWN since Oct 4th, 2023 at 2069.24
The intermediate-term trend has been DOWN since Dec 7th, 2023 at 2181.94
The short-term trend has been DOWN since Dec 7th, 2023 at 2185.96
Smart Scan Analysis for SPJ
Based on our trend formula, SPJ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2167.22 | 2167.22 | 2167.22 | 2167.22 | -4.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2171.29 | 0 | 2023-12-08 01:40:04 |
| 52wk High | 1735.85 | 52wk High Date | 2018-01-23 |
| 52wk Low | 1439.95 | 52wk Low Date | 2018-10-26 |