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Index Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

S&P Pan Asia BMI Utilities Sector (US Dollar) (CME:SPAU30)

Weak Downtrend (-65) - SPAU30 is showing signs of a strengthening downtrend. Monitor SPAU30 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPAU30?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU30.

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

CME_SPAU30
Open High Low SPAU30 Price Change
130.66 130.95 130.31 130.91 +0.26
Entry Signal

MarketClub’s Trade Triangles for SPAU30

long term up The long-term trend has been UP since Jan 3rd, 2023 at 140.47

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2023 at 131.71

short term down The short-term trend has been DOWN since May 12th, 2023 at 135.68

Smart Scan Analysis for SPAU30

Based on our trend formula, SPAU30 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPAU30
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
130.66 130.95 130.31 130.91 +0.26
Prev. Close Volume Bid Ask Time
130.65 0 2023-06-01 15:13:39
52wk High150.5552wk High Date2018-05-14
52wk Low134.6452wk Low Date2018-10-26
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