Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
S&P LAC 40 (US$) (CME:SPLAC)
Long-Term Uptrend (+90) - SPLAC is in a strong uptrend that is likely to continue. While SPLAC 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 SPLAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPLAC
The long-term trend has been UP since Nov 9th, 2020 at 2345.16
The intermediate-term trend has been UP since Nov 6th, 2020 at 2285.99
The short-term trend has been UP since Nov 3rd, 2020 at 2121.16
Smart Scan Analysis for SPLAC
Based on our trend formula, SPLAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3936.41||52wk High Date||2018-02-01|
|52wk Low||2848.61||52wk Low Date||2018-09-05|