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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

S&P LAC 40 (US$) (CME:SPLAC)

Crossroads (+60) - SPLAC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPLAC
Open High Low SPLAC Price Change
2861.68 2862.16 2839.86 2855.24 -12.76
Entry Signal

MarketClub’s Trade Triangles for SPLAC

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 2773.46

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2838.29

short term up The short-term trend has been UP since May 3rd, 2024 at 2825.78

Smart Scan Analysis for SPLAC

Based on our trend formula, SPLAC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPLAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2861.68 2862.16 2839.86 2855.24 -12.76
Prev. Close Volume Bid Ask Time
2868.00 0 2024-05-08 10:17:36
52wk High3936.4152wk High Date2018-02-01
52wk Low2848.6152wk Low Date2018-09-05
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