Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
S&P BRIC 40 Index (Net TR) (CME:SPBRICNTR)
Bull Market Weakness (+75) - SPBRICNTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBRICNTR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBRICNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBRICNTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBRICNTR
The long-term trend has been DOWN since Apr 21st, 2021 at 5148.55
The intermediate-term trend has been UP since May 30th, 2022 at 3307.84
The short-term trend has been UP since Jun 21st, 2022 at 3457.99
Smart Scan Analysis for SPBRICNTR
Based on our trend formula, SPBRICNTR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4860.61||52wk High Date||2018-01-29|
|52wk Low||3587.91||52wk Low Date||2018-10-30|