Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P Japan 500 Buyback Index Net TR (CME:SPJBJN)
Weak Downtrend (-65) - SPJBJN is showing signs of a strengthening downtrend. Monitor SPJBJN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPJBJN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJBJN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPJBJN
The long-term trend has been UP since Mar 23rd, 2022 at 273.22
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 261.18
The short-term trend has been DOWN since Jul 1st, 2022 at 267.42
Smart Scan Analysis for SPJBJN
Based on our trend formula, SPJBJN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).