Index Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
S&P Japan 500 (CME:SPJ)
Sidelines Mode (+55) - SPJ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 1st, 2020 at 1445.07
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 1757.63
The short-term trend has been UP since Aug 2nd, 2021 at 1784.72
Smart Scan Analysis for SPJ
Based on our trend formula, SPJ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1735.85||52wk High Date||2018-01-23|
|52wk Low||1439.95||52wk Low Date||2018-10-26|