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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P BRIC 40 Index (CME:SPBRIC)

Crossroads (-60) - SPBRIC 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 SPBRIC?

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

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

CME_SPBRIC
Open High Low SPBRIC Price Change
1840.98 1854.30 1838.85 1851.53 +11.58
Entry Signal

MarketClub’s Trade Triangles for SPBRIC

long term up The long-term trend has been UP since Apr 24th, 2024 at 1829.05

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2024 at 1878.14

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 1911.44

Smart Scan Analysis for SPBRIC

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

-60
Smart Scan Analysis for SPBRIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1840.98 1854.30 1838.85 1851.53 +11.58
Prev. Close Volume Bid Ask Time
1839.95 0 2024-07-26 16:20:00
52wk High3391.352wk High Date2018-01-29
52wk Low2441.0352wk Low Date2018-10-30
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