Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P BRIC 40 Index (Net TR) (CME:SPBRICNTR)

Strong Downtrend (-100) - SPBRICNTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPBRICNTR continues to fall. Traders should use caution and set stops.

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.

CME_SPBRICNTR
Open High Low SPBRICNTR Price Change
2941.75 2952.31 2931.50 2936.76 -4.26
Entry Signal

MarketClub’s Trade Triangles for SPBRICNTR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 2987.06

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2949.34

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 3017.90

Smart Scan Analysis for SPBRICNTR

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

-100
Smart Scan Analysis for SPBRICNTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2941.75 2952.31 2931.50 2936.76 -4.26
Prev. Close Volume Bid Ask Time
2941.02 0 2024-04-18 13:55:11
52wk High4860.6152wk High Date2018-01-29
52wk Low3587.9152wk Low Date2018-10-30
Get a free daily analysis and signals for S&P BRIC 40 Index (Net TR) (SPBRICNTR) - Request Your Free Report.