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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P Global BMI (US Dollar) (CME:SBBMGLU)

Sidelines Mode (+55) - SBBMGLU 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 SBBMGLU?

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

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

CME_SBBMGLU
Open High Low SBBMGLU Price Change
365.93 369.07 365.92 368.58 +2.67
Entry Signal

MarketClub’s Trade Triangles for SBBMGLU

long term up The long-term trend has been UP since Dec 1st, 2023 at 337.01

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 371.29

short term up The short-term trend has been UP since Apr 23rd, 2024 at 363.98

Smart Scan Analysis for SBBMGLU

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

+55
Smart Scan Analysis for SBBMGLU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
365.93 369.07 365.92 368.58 +2.67
Prev. Close Volume Bid Ask Time
365.91 0 2024-04-26 11:44:55
52wk High274.6952wk High Date2018-01-29
52wk Low233.452wk Low Date2018-10-29
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