Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
S&P 500 Low Volatility Target Beta Index TR (EUR) (CME:SPXLTBET)
Crossroads (-60) - SPXLTBET 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 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 10th, 2020 at 635.55
The intermediate-term trend has been DOWN since Nov 30th, 2020 at 637.29
The short-term trend has been DOWN since Dec 2nd, 2020 at 635.94
Smart Scan Analysis for SPXLTBET
Based on our trend formula, SPXLTBET is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).