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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 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
268.64 268.73 267.79 268.40 -1.08
Entry Signal

MarketClub’s Trade Triangles for SPAU20

long term up The long-term trend has been UP since Sep 24th, 2024 at 280.14

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 273.22

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 289.47

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
268.64 268.73 267.79 268.40 -1.08
Prev. Close Volume Bid Ask Time
268.40 0 2024-10-25 18:05:27
52wk High280.5952wk High Date2018-01-29
52wk Low207.7652wk Low Date2018-10-26
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