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Index Trend Analysis Report

Prepared for you on Wednesday, January 8, 2025.

SPTEST1 (CME:SPTEST1)

Crossroads (-60) - SPTEST1 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPTEST1?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPTEST1.

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

CME_SPTEST1
Open High Low SPTEST1 Price Change
2936.56 2940.99 2921.38 2933.44 -3.45
Entry Signal

MarketClub’s Trade Triangles for SPTEST1

long term up The long-term trend has been UP since Dec 1st, 2023 at 2398.63

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 2963.59

short term down The short-term trend has been DOWN since Jan 8th, 2025 at 2932.07

Smart Scan Analysis for SPTEST1

Based on our trend formula, SPTEST1 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPTEST1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2936.56 2940.99 2921.38 2933.44 -3.45
Prev. Close Volume Bid Ask Time
2936.89 0 2025-01-08 14:58:17
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