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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

BLOM Emerging Shariah Index (Net TR) (CME:BESI)

Bull Market Weakness (+75) - BESI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BESI as it may be in the beginning stages of a reversal.

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

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

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

CME_BESI
Open High Low BESI Price Change
1287.61 1289.29 1284.18 1289.17 +31.52
Entry Signal

MarketClub’s Trade Triangles for BESI

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 1333.51

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 1144.32

short term up The short-term trend has been UP since Jun 1st, 2020 at 1259.93

Smart Scan Analysis for BESI

Based on our trend formula, BESI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BESI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1287.61 1289.29 1284.18 1289.17 +31.52
Prev. Close Volume Bid Ask Time
1123.48 0 2020-06-01 16:15:31
52wk High1541.8352wk High Date2018-01-29
52wk Low1218.2452wk Low Date2018-10-30
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