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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P Pan Asia BMI Consumer Durables & Apparel (US Dollar) (CME:SPAU6)

Sidelines Mode (+55) - SPAU6 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 SPAU6?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU6.

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

CME_SPAU6
Open High Low SPAU6 Price Change
79.75 79.78 78.60 78.74 -0.91
Entry Signal

MarketClub’s Trade Triangles for SPAU6

long term up The long-term trend has been UP since May 2nd, 2024 at 80.83

intermediate term up The intermediate-term trend has been UP since May 1st, 2024 at 79.39

short term down The short-term trend has been DOWN since May 20th, 2024 at 80.41

Smart Scan Analysis for SPAU6

Based on our trend formula, SPAU6 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPAU6
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.75 79.78 78.60 78.74 -0.91
Prev. Close Volume Bid Ask Time
79.65 0 2024-05-23 23:45:39
52wk High74.0252wk High Date2018-01-24
52wk Low59.8852wk Low Date2018-10-30
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