Index Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
S&P Sub-Saharan Africa ex-South Africa Select (CME:SPSAXSUP)
Bull Market Weakness (+75) - SPSAXSUP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSAXSUP as it may be in the beginning stages of a reversal.
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 DOWN since Apr 7th, 2021 at 122.99
The short-term trend has been UP since Apr 9th, 2021 at 124.48
Smart Scan Analysis for SPSAXSUP
Based on our trend formula, SPSAXSUP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).