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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P/BOVESPA Quality Index TR (CME:SPBRQBT)

Long-Term Uptrend (+90) - SPBRQBT is in a strong uptrend that is likely to continue. While SPBRQBT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SPBRQBT?

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

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

CME_SPBRQBT
Open High Low SPBRQBT Price Change
29995.90 30081.93 29786.67 30001.78 +126.54
Entry Signal

MarketClub’s Trade Triangles for SPBRQBT

long term up The long-term trend has been UP since Nov 16th, 2023 at 28976.62

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 30052.41

short term up The short-term trend has been UP since Mar 28th, 2024 at 29903.96

Smart Scan Analysis for SPBRQBT

Based on our trend formula, SPBRQBT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPBRQBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29995.90 30081.93 29786.67 30001.78 +126.54
Prev. Close Volume Bid Ask Time
30001.78 0 2024-03-28 16:34:55
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