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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P Pan Asia BMI Transportation (US Dollar) (CME:SPAU29)

Strong Downtrend (-100) - SPAU29 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPAU29 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPAU29?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU29.

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

CME_SPAU29
Open High Low SPAU29 Price Change
168.13 168.18 167.71 167.72 -0.19
Entry Signal

MarketClub’s Trade Triangles for SPAU29

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 171.22

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 173.95

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 170.67

Smart Scan Analysis for SPAU29

Based on our trend formula, SPAU29 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPAU29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.13 168.18 167.71 167.72 -0.19
Prev. Close Volume Bid Ask Time
167.91 0 2024-04-18 00:55:44
52wk High208.3352wk High Date2018-01-25
52wk Low172.6452wk Low Date2018-10-26
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