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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

S&P Pan Asia BMI Telecommunication Services Sector (US Dollar) (CME:SPAU28)

Sidelines Mode (+55) - SPAU28 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 SPAU28?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU28.

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

CME_SPAU28
Open High Low SPAU28 Price Change
72.47 72.65 72.32 72.62 +0.07
Entry Signal

MarketClub’s Trade Triangles for SPAU28

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 68.38

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 66.63

short term down The short-term trend has been DOWN since May 22nd, 2020 at 73.12

Smart Scan Analysis for SPAU28

Based on our trend formula, SPAU28 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPAU28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.47 72.65 72.32 72.62 +0.07
Prev. Close Volume Bid Ask Time
65.67 0 2020-05-29 19:04:10
52wk High75.5852wk High Date2018-01-29
52wk Low61.4752wk Low Date2018-10-30
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