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Index Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

S&P Asia 50 (CME:SPASIA50)

Crossroads (-60) - SPASIA50 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 SPASIA50?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPASIA50.

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

CME_SPASIA50
Open High Low SPASIA50 Price Change
7054.51 7059.65 7047.56 7058.39 +20.69
Entry Signal

MarketClub’s Trade Triangles for SPASIA50

long term up The long-term trend has been UP since Jun 9th, 2020 at 4956.99

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2021 at 7055.96

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 7204.96

Smart Scan Analysis for SPASIA50

Based on our trend formula, SPASIA50 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPASIA50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7054.51 7059.65 7047.56 7058.39 +20.69
Prev. Close Volume Bid Ask Time
7055.31 0 2021-05-07 05:30:00
52wk High5615.252wk High Date2018-01-29
52wk Low4075.8952wk Low Date2018-10-26
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