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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P Emerging Asia 40 Index (CME:SPEM40UP)
Countertrend Up (+85) - SPEM40UP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPEM40UP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEM40UP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPEM40UP
The long-term trend has been UP since May 2nd, 2024 at 2187.34
The intermediate-term trend has been UP since May 2nd, 2024 at 2156.53
The short-term trend has been DOWN since May 7th, 2024 at 2180.67
Smart Scan Analysis for SPEM40UP
Based on our trend formula, SPEM40UP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2179.66 | 2185.67 | 2178.90 | 2184.33 | +5.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2179.04 | 0 | 2024-05-10 07:33:32 |
| 52wk High | 3010.21 | 52wk High Date | 2018-01-29 |
| 52wk Low | 2249.91 | 52wk Low Date | 2018-10-30 |