Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P 100 Equal Weight Total Return (USD) Index (GIF:SPOEXEUT)
Countertrend Up (+85) - SPOEXEUT 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 SPOEXEUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPOEXEUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPOEXEUT
The long-term trend has been UP since Jun 5th, 2020 at 4086.21
The intermediate-term trend has been UP since Mar 8th, 2021 at 5241.99
The short-term trend has been DOWN since Apr 20th, 2021 at 5564.38
Smart Scan Analysis for SPOEXEUT
Based on our trend formula, SPOEXEUT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).