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Index Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

S&P Pan Asia BMI Food, Beverage & Tobacco (US Dollar) (CME:SPAU13)

Bear Market Rally (-75) - SPAU13 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPAU13 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPAU13?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU13.

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

CME_SPAU13
Open High Low SPAU13 Price Change
271.90 272.33 271.68 271.90 -0.32
Entry Signal

MarketClub’s Trade Triangles for SPAU13

long term down The long-term trend has been DOWN since May 29th, 2023 at 269.68

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 275.17

short term up The short-term trend has been UP since Jun 2nd, 2023 at 268.83

Smart Scan Analysis for SPAU13

Based on our trend formula, SPAU13 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPAU13
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
271.90 272.33 271.68 271.90 -0.32
Prev. Close Volume Bid Ask Time
272.22 0 2023-06-09 07:32:14
52wk High331.2452wk High Date2018-01-24
52wk Low272.652wk Low Date2018-10-30
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