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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P Pan Asia BMI Banks (US Dollar) (CME:SPAU2)

Weak Downtrend (-65) - SPAU2 is showing signs of a strengthening downtrend. Monitor SPAU2 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPAU2?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU2.

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

CME_SPAU2
Open High Low SPAU2 Price Change
131.36 131.42 128.68 129.42 -1.81
Entry Signal

MarketClub’s Trade Triangles for SPAU2

long term up The long-term trend has been UP since Dec 7th, 2023 at 122.22

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 132.22

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 133.48

Smart Scan Analysis for SPAU2

Based on our trend formula, SPAU2 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPAU2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.36 131.42 128.68 129.42 -1.81
Prev. Close Volume Bid Ask Time
131.23 0 2024-04-18 23:38:39
52wk High144.7952wk High Date2018-01-29
52wk Low109.1652wk Low Date2018-10-26
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