Index Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
Syntax Stratified MidCap Index (CME:SYMID)
Countertrend Down (-85) - SYMID is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SYMID?
MarketClub looks at technical strength and momentum to determine if the timing is right for SYMID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SYMID
The long-term trend has been DOWN since Jul 8th, 2021 at 3993.12
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 4011.43
The short-term trend has been UP since Sep 23rd, 2021 at 4046.17
Smart Scan Analysis for SYMID
Based on our trend formula, SYMID is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).