Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
S&P Total Market Index (TMI) Materials (US Dollar) (CME:SPTMMAUP)
Countertrend Up (+85) - SPTMMAUP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPTMMAUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTMMAUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPTMMAUP
The long-term trend has been UP since Jun 3rd, 2020 at 2735.94
The intermediate-term trend has been UP since Mar 8th, 2021 at 3761.70
The short-term trend has been DOWN since Apr 8th, 2021 at 3895.39
Smart Scan Analysis for SPTMMAUP
Based on our trend formula, SPTMMAUP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3456.66||52wk High Date||2017-12-06|
|52wk Low||2517.83||52wk Low Date||2018-10-26|