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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P Mid-East and Africa Emerging BMI (US Dollar) (CME:SPCBMIRMEUSD)

Long-Term Downtrend (-90) - SPCBMIRMEUSD is in a strong downtrend that is likely to continue. While SPCBMIRMEUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPCBMIRMEUSD
Open High Low SPCBMIRMEUSD Price Change
262.38 264.86 262.35 264.49 +2.08
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRMEUSD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 268.23

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 269.00

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 264.19

Smart Scan Analysis for SPCBMIRMEUSD

Based on our trend formula, SPCBMIRMEUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPCBMIRMEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
262.38 264.86 262.35 264.49 +2.08
Prev. Close Volume Bid Ask Time
262.41 0 2024-04-26 10:45:24
52wk High333.8752wk High Date2018-01-26
52wk Low225.5552wk Low Date2018-10-25
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