Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 500 Low Volatility Target Beta Index TR (EUR) (CME:SPXLTBET)
Bull Market Weakness (+75) - SPXLTBET is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXLTBET as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXLTBET?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXLTBET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXLTBET
The long-term trend has been UP since Aug 29th, 2019 at 843.97
The intermediate-term trend has been UP since Dec 20th, 2019 at 898.15
The short-term trend has been DOWN since Feb 20th, 2020 at 1038.44
Smart Scan Analysis for SPXLTBET
Based on our trend formula, SPXLTBET is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).