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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

S&P Pan Asia BMI Information Technology (US Dollar) (CME:SPAU18)

Long-Term Downtrend (-90) - SPAU18 is in a strong downtrend that is likely to continue. While SPAU18 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 SPAU18?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU18.

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

CME_SPAU18
Open High Low SPAU18 Price Change
169.23 171.69 168.88 171.36 +2.04
Entry Signal

MarketClub’s Trade Triangles for SPAU18

long term down The long-term trend has been DOWN since Aug 4th, 2024 at 159.24

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2024 at 171.74

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 168.92

Smart Scan Analysis for SPAU18

Based on our trend formula, SPAU18 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAU18
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.23 171.69 168.88 171.36 +2.04
Prev. Close Volume Bid Ask Time
169.32 0 2024-11-21 20:58:09
52wk High117.0652wk High Date2018-01-29
52wk Low82.0952wk Low Date2018-10-26
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