Index Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
S&P US Dollar Futures Index ER (CME:SPUSDP)
Countertrend Up (+85) - SPUSDP 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 SPUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPUSDP
The long-term trend has been UP since Aug 11th, 2021 at 87.71
The intermediate-term trend has been UP since Nov 5th, 2021 at 89.02
The short-term trend has been DOWN since Nov 26th, 2021 at 90.66
Smart Scan Analysis for SPUSDP
Based on our trend formula, SPUSDP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||89.23||52wk High Date||2018-11-13|
|52wk Low||79.61||52wk Low Date||2018-02-16|