Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P 100 Equal Weight Total Return (USD) Index (CME:SPOEXEUT)
Weak Downtrend (-65) - SPOEXEUT is showing signs of a strengthening downtrend. Monitor SPOEXEUT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPOEXEUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPOEXEUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPOEXEUT
The long-term trend has been UP since Jun 5th, 2020 at 4086.21
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 6097.50
The short-term trend has been DOWN since Nov 17th, 2021 at 6201.83
Smart Scan Analysis for SPOEXEUT
Based on our trend formula, SPOEXEUT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).