Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
S&P U.S. Retiree Spending Index (TR) (CME:SPRETIRT)
Long-Term Uptrend (+90) - SPRETIRT is in a strong uptrend that is likely to continue. While SPRETIRT 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 SPRETIRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPRETIRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPRETIRT
The long-term trend has been UP since Oct 23rd, 2020 at 499.29
The intermediate-term trend has been UP since Nov 9th, 2020 at 499.91
The short-term trend has been UP since Nov 24th, 2020 at 504.33
Smart Scan Analysis for SPRETIRT
Based on our trend formula, SPRETIRT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).