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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P/TOPIX 150 Shariah (USD) (CME:SPSHTXU)

Long-Term Downtrend (-90) - SPSHTXU is in a strong downtrend that is likely to continue. While SPSHTXU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPSHTXU?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSHTXU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSHTXU
Open High Low SPSHTXU Price Change
1352.78 1354.25 1350.27 1354.09 +3.53
Entry Signal

MarketClub’s Trade Triangles for SPSHTXU

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 1338.87

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 1346.62

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 1405.22

Smart Scan Analysis for SPSHTXU

Based on our trend formula, SPSHTXU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPSHTXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1352.78 1354.25 1350.27 1354.09 +3.53
Prev. Close Volume Bid Ask Time
1350.56 0 2024-12-26 02:48:47
52wk High1299.6852wk High Date2018-01-29
52wk Low1045.4252wk Low Date2018-10-26
Contract High217Contract High Date2013-10-18
Contract Low73Contract Low Date2013-08-15
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