Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
S&P Pan Asia BMI Commercial & Professional Services (US Dollar) (CME:SPAU4)
Countertrend Up (+85) - SPAU4 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPAU4?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU4.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAU4
The long-term trend has been UP since Jun 1st, 2020 at 87.28
The intermediate-term trend has been UP since Dec 28th, 2020 at 99.67
The short-term trend has been DOWN since Jan 26th, 2021 at 103.95
Smart Scan Analysis for SPAU4
Based on our trend formula, SPAU4 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.69||52wk High Date||2018-09-26|
|52wk Low||72.74||52wk Low Date||2018-10-30|