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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Crossroads (-60) - SPAU3 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 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
216.27 216.46 214.44 215.43 -0.73
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 Jul 24th, 2024 at 216.22

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 223.68

Smart Scan Analysis for SPAU3

Based on our trend formula, SPAU3 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPAU3
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.27 216.46 214.44 215.43 -0.73
Prev. Close Volume Bid Ask Time
216.16 0 2024-07-26 18:23:11
52wk High210.4752wk High Date2018-01-29
52wk Low153.7952wk Low Date2018-10-26
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