Index Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
S&P U.S. Spin-Off Index NTR (CME:SPUSSOUN)
Countertrend Up (+85) - SPUSSOUN 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 SPUSSOUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSSOUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPUSSOUN
The long-term trend has been UP since Aug 11th, 2020 at 379.36
The intermediate-term trend has been UP since Mar 8th, 2021 at 556.91
The short-term trend has been DOWN since Apr 20th, 2021 at 566.71
Smart Scan Analysis for SPUSSOUN
Based on our trend formula, SPUSSOUN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).