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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

RAE Fundamental Emerging Markets Price Return (CME:ERAEMLP)

Sidelines Mode (-55) - ERAEMLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_ERAEMLP
Open High Low ERAEMLP Price Change
2585.33 2587.73 2577.72 2582.32 -3.40
Entry Signal

MarketClub’s Trade Triangles for ERAEMLP

long term up The long-term trend has been UP since Dec 14th, 2023 at 2394.52

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2569.60

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2583.97

Smart Scan Analysis for ERAEMLP

Based on our trend formula, ERAEMLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ERAEMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2585.33 2587.73 2577.72 2582.32 -3.40
Prev. Close Volume Bid Ask Time
2585.72 0 2024-04-23 17:36:03
52wk High2546.4852wk High Date2018-01-29
52wk Low1878.6852wk Low Date2018-10-30
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