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Index Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

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

Countertrend Down (-85) - SPSHTXU 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 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
1592.48 1597.29 1589.45 1591.00 +4.13
Entry Signal

MarketClub’s Trade Triangles for SPSHTXU

long term down The long-term trend has been DOWN since Mar 3rd, 2021 at 1601.23

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 1577.02

short term up The short-term trend has been UP since Jul 26th, 2021 at 1587.41

Smart Scan Analysis for SPSHTXU

Based on our trend formula, SPSHTXU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPSHTXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1592.48 1597.29 1589.45 1591.00 +4.13
Prev. Close Volume Bid Ask Time
1571.11 0 2021-07-29 20:29:34
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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