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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P Pan Asia BMI Food & Staples Retailing (US Dollar) (CME:SPAU12)

Long-Term Downtrend (-90) - SPAU12 is in a strong downtrend that is likely to continue. While SPAU12 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPAU12?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU12.

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

CME_SPAU12
Open High Low SPAU12 Price Change
93.28 93.41 93.07 93.25 +0.35
Entry Signal

MarketClub’s Trade Triangles for SPAU12

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 98.47

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 99.35

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 98.79

Smart Scan Analysis for SPAU12

Based on our trend formula, SPAU12 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAU12
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.28 93.41 93.07 93.25 +0.35
Prev. Close Volume Bid Ask Time
93.26 0 2024-04-19 16:20:04
52wk High118.0152wk High Date2018-06-12
52wk Low104.2752wk Low Date2018-02-06
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