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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

World Bioenergy Index (EUR) (CME:BIOXP)

Bull Market Weakness (+75) - BIOXP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIOXP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BIOXP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIOXP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BIOXP
Open High Low BIOXP Price Change
120.57 128.42 120.17 128.16 +7.58
Entry Signal

MarketClub’s Trade Triangles for BIOXP

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 132.26

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 118.02

short term up The short-term trend has been UP since Mar 28th, 2024 at 120.53

Smart Scan Analysis for BIOXP

Based on our trend formula, BIOXP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BIOXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.57 128.42 120.17 128.16 +7.58
Prev. Close Volume Bid Ask Time
128.09 0 2024-03-28 16:49:47
52wk High124.4252wk High Date2018-01-12
52wk Low94.9352wk Low Date2018-07-05
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