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Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

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

Sidelines Mode (+55) - SPAU13 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
321.78 321.94 320.44 320.63 -2.33
Entry Signal

MarketClub’s Trade Triangles for SPAU13

long term up The long-term trend has been UP since Jun 1st, 2020 at 279.97

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 324.32

short term down The short-term trend has been DOWN since May 12th, 2021 at 320.53

Smart Scan Analysis for SPAU13

Based on our trend formula, SPAU13 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPAU13
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
321.78 321.94 320.44 320.63 -2.33
Prev. Close Volume Bid Ask Time
322.96 0 2021-05-12 13:43:24
52wk High331.2452wk High Date2018-01-24
52wk Low272.652wk Low Date2018-10-30
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