Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
S&P Strategic Financial Futures Index TR (CME:SPSFFIT)
Countertrend Down (-85) - SPSFFIT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPSFFIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSFFIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSFFIT
The long-term trend has been DOWN since Jun 17th, 2021 at 131.69
The intermediate-term trend has been DOWN since Jun 8th, 2021 at 132.62
The short-term trend has been UP since Jun 23rd, 2021 at 131.38
Smart Scan Analysis for SPSFFIT
Based on our trend formula, SPSFFIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).