Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P BRIC 40 Index (CME:SPBRIC)
Strong Downtrend (-100) - SPBRIC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPBRIC
The long-term trend has been DOWN since Apr 21st, 2021 at 3318.07
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 3403.35
The short-term trend has been DOWN since Jul 23rd, 2021 at 3241.07
Smart Scan Analysis for SPBRIC
Based on our trend formula, SPBRIC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3391.3||52wk High Date||2018-01-29|
|52wk Low||2441.03||52wk Low Date||2018-10-30|