Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
S&P U.S. Retiree Spending Bond Futures Index (CME:SPRETIB)
Weak Downtrend (-65) - SPRETIB is showing signs of a strengthening downtrend. Monitor SPRETIB as it may be building momentum to the downside.
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 21st, 2020 at 360.44
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 359.90
The short-term trend has been UP since Jan 14th, 2021 at 358.91
Smart Scan Analysis for SPRETIB
Based on our trend formula, SPRETIB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).