Index Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
S&P 500 Pure Value NTR (KRW) (CME:SPXPVKN)
Long-Term Uptrend (+90) - SPXPVKN is in a strong uptrend that is likely to continue. While SPXPVKN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPXPVKN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXPVKN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXPVKN
The long-term trend has been UP since Dec 4th, 2023 at 23044.23
The intermediate-term trend has been UP since Nov 14th, 2023 at 21697.90
The short-term trend has been UP since Nov 29th, 2023 at 22087.46
Smart Scan Analysis for SPXPVKN
Based on our trend formula, SPXPVKN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).