Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Countertrend Up (+85) - SPBRQBT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

Open	High	Low	SPBRQBT Price	Change
29573.27	30009.82	29573.27	29973.50	+317.46
Entry Signal

MarketClub’s Trade Triangles for SPBRQBT

The long-term trend has been UP since Jul 18th, 2024 at 30696.53

The intermediate-term trend has been UP since Jun 24th, 2024 at 28767.75

The short-term trend has been DOWN since Jul 18th, 2024 at 30201.64

Smart Scan Analysis for SPBRQBT

Based on our trend formula, SPBRQBT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
29573.27	30009.82	29573.27	29973.50	+317.46
Prev. Close	Volume	Bid	Ask	Time
29656.04	0			2024-07-26 16:34:45

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