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Index Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

RAE Fundamental Emerging Markets (Latin America) Price Return (CME:ERAEMLAP)

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

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

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

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

CME_ERAEMLAP
Open High Low ERAEMLAP Price Change
1492.54 1526.83 1490.28 1526.34 +33.74
Entry Signal

MarketClub’s Trade Triangles for ERAEMLAP

long term up The long-term trend has been UP since Oct 2nd, 2024 at 1677.99

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 1549.17

short term up The short-term trend has been UP since Nov 22nd, 2024 at 1518.53

Smart Scan Analysis for ERAEMLAP

Based on our trend formula, ERAEMLAP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ERAEMLAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1492.54 1526.83 1490.28 1526.34 +33.74
Prev. Close Volume Bid Ask Time
1492.60 0 2024-11-22 16:32:34
52wk High1624.1652wk High Date2018-02-26
52wk Low1210.3852wk Low Date2018-06-07
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