Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
S&P U.S. Retiree Spending Equity Index (CME:SPRETIE)
Long-Term Uptrend (+90) - SPRETIE is in a strong uptrend that is likely to continue. While SPRETIE 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 SPRETIE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPRETIE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPRETIE
The long-term trend has been UP since Aug 7th, 2020 at 1416.40
The intermediate-term trend has been UP since Jul 15th, 2020 at 1353.05
The short-term trend has been UP since Aug 4th, 2020 at 1396.96
Smart Scan Analysis for SPRETIE
Based on our trend formula, SPRETIE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).