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Index Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

S&P Pan Asia BMI Materials Sector (US Dollar) (CME:SPAU20)

Crossroads (-60) - SPAU20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPAU20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU20.

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

CME_SPAU20
Open High Low SPAU20 Price Change
273.10 275.06 272.04 274.96 +1.84
Entry Signal

MarketClub’s Trade Triangles for SPAU20

long term up The long-term trend has been UP since Dec 14th, 2023 at 276.31

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 274.26

short term down The short-term trend has been DOWN since Apr 14th, 2024 at 279.85

Smart Scan Analysis for SPAU20

Based on our trend formula, SPAU20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPAU20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
273.10 275.06 272.04 274.96 +1.84
Prev. Close Volume Bid Ask Time
273.12 0 2024-04-17 22:02:39
52wk High280.5952wk High Date2018-01-29
52wk Low207.7652wk Low Date2018-10-26
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