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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P Latin America BMI (US Dollar) (CME:SPCBMIRLAUSD)

Sidelines Mode (+55) - SPCBMIRLAUSD 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 SPCBMIRLAUSD?

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

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

CME_SPCBMIRLAUSD
Open High Low SPCBMIRLAUSD Price Change
254.57 256.57 253.37 253.43 -1.14
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRLAUSD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 247.74

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 255.07

short term down The short-term trend has been DOWN since May 8th, 2024 at 254.07

Smart Scan Analysis for SPCBMIRLAUSD

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

+55
Smart Scan Analysis for SPCBMIRLAUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
254.57 256.57 253.37 253.43 -1.14
Prev. Close Volume Bid Ask Time
254.57 0 2024-05-10 16:39:54
52wk High325.0352wk High Date2018-02-01
52wk Low237.2152wk Low Date2018-09-11
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