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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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

Bear Market Rally (-75) - SPAU1 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPAU1 as it may be in the beginning 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
229.44 229.67 228.54 228.81 -0.57
Entry Signal

MarketClub’s Trade Triangles for SPAU1

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 250.18

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 234.99

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 232.29

Smart Scan Analysis for SPAU1

Based on our trend formula, SPAU1 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPAU1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
229.44 229.67 228.54 228.81 -0.57
Prev. Close Volume Bid Ask Time
228.81 0 2024-12-20 17:53:48
52wk High246.6552wk High Date2018-01-24
52wk Low177.5252wk Low Date2018-10-29
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