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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

S&P Pan Asia BMI Automobiles & Components (US Dollar) (CME:SPAU1)

Bull Market Weakness (+75) - SPAU1 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAU1 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPAU1?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU1.

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

CME_SPAU1
Open High Low SPAU1 Price Change
159.49 159.75 159.21 159.48 +1.10
Entry Signal

MarketClub’s Trade Triangles for SPAU1

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 182.59

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2020 at 149.24

short term up The short-term trend has been UP since May 26th, 2020 at 151.20

Smart Scan Analysis for SPAU1

Based on our trend formula, SPAU1 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPAU1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
159.49 159.75 159.21 159.48 +1.10
Prev. Close Volume Bid Ask Time
145.04 0 2020-06-01 11:39:09
52wk High246.6552wk High Date2018-01-24
52wk Low177.5252wk Low Date2018-10-29
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