Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, January 22, 2025.

S&P BRIC 40 Index (CME:SPBRIC)

Sidelines Mode (-55) - SPBRIC 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 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
2041.75 2050.61 2035.16 2049.83 +8.37
Entry Signal

MarketClub’s Trade Triangles for SPBRIC

long term down The long-term trend has been DOWN since Jan 6th, 2025 at 2032.45

intermediate term down The intermediate-term trend has been DOWN since Jan 1st, 2025 at 2048.03

short term up The short-term trend has been UP since Jan 15th, 2025 at 1991.14

Smart Scan Analysis for SPBRIC

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

-55
Smart Scan Analysis for SPBRIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2041.75 2050.61 2035.16 2049.83 +8.37
Prev. Close Volume Bid Ask Time
2041.46 0 2025-01-22 13:52:15
52wk High3391.352wk High Date2018-01-29
52wk Low2441.0352wk Low Date2018-10-30
Get a free daily analysis and signals for S&P BRIC 40 Index (SPBRIC) - Request Your Free Report.