Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

S&P Pan Asia BMI Capital Goods (US Dollar) (CME:SPAU3)

Sidelines Mode (-55) - SPAU3 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 SPAU3?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU3.

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

CME_SPAU3
Open High Low SPAU3 Price Change
216.14 217.99 216.07 216.94 +1.32
Entry Signal

MarketClub’s Trade Triangles for SPAU3

long term up The long-term trend has been UP since Dec 28th, 2023 at 192.60

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2024 at 213.20

short term up The short-term trend has been UP since Jun 10th, 2024 at 216.81

Smart Scan Analysis for SPAU3

Based on our trend formula, SPAU3 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPAU3
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.14 217.99 216.07 216.94 +1.32
Prev. Close Volume Bid Ask Time
215.62 0 2024-06-12 16:19:39
52wk High210.4752wk High Date2018-01-29
52wk Low153.7952wk Low Date2018-10-26
Get a free daily analysis and signals for S&P Pan Asia BMI Capital Goods (US Dollar) (SPAU3) - Request Your Free Report.