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Index Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

S&P Asia 50 (CME:SPASIA50)

Countertrend Up (+85) - SPASIA50 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 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
5261.24 5286.73 5254.73 5266.59 +5.41
Entry Signal

MarketClub’s Trade Triangles for SPASIA50

long term up The long-term trend has been UP since Feb 22nd, 2024 at 4564.54

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 5253.75

short term down The short-term trend has been DOWN since Jun 23rd, 2024 at 5301.86

Smart Scan Analysis for SPASIA50

Based on our trend formula, SPASIA50 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPASIA50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5261.24 5286.73 5254.73 5266.59 +5.41
Prev. Close Volume Bid Ask Time
5261.18 0 2024-06-25 05:29:35
52wk High5615.252wk High Date2018-01-29
52wk Low4075.8952wk Low Date2018-10-26
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