Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
S&P Sub-Saharan Africa ex-South Africa Select (CME:SPSAXSUP)
Strong Uptrend (+100) - SPSAXSUP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPSAXSUP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPSAXSUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSAXSUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSAXSUP
The long-term trend has been UP since Oct 1st, 2020 at 110.47
The intermediate-term trend has been UP since Dec 17th, 2020 at 122.58
The short-term trend has been UP since Jan 25th, 2021 at 126.74
Smart Scan Analysis for SPSAXSUP
Based on our trend formula, SPSAXSUP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).