Index Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
S&P Pan Asia BMI Commercial & Professional Services (US Dollar) (CME:SPAU4)
Bull Market Weakness (+75) - SPAU4 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAU4 as it may be in the beginning stages of a reversal.
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 DOWN since Sep 28th, 2021 at 122.67
The short-term trend has been UP since Oct 8th, 2021 at 120.94
Smart Scan Analysis for SPAU4
Based on our trend formula, SPAU4 is rated as a +75 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|