Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
S&P U.S. Retiree Spending Bond Futures Index (CME:SPRETIB)
Strong Downtrend (-100) - SPRETIB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPRETIB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPRETIB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPRETIB
The long-term trend has been DOWN since Oct 8th, 2021 at 354.78
The intermediate-term trend has been DOWN since Aug 9th, 2021 at 357.62
The short-term trend has been DOWN since Oct 18th, 2021 at 353.88
Smart Scan Analysis for SPRETIB
Based on our trend formula, SPRETIB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).