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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P/BOVESPA Inverse-Risk Weighted Index TR (CME:SPBRRWBT)

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

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

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

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

CME_SPBRRWBT
Open High Low SPBRRWBT Price Change
27637.67 27649.77 27323.13 27499.55 -138.12
Entry Signal

MarketClub’s Trade Triangles for SPBRRWBT

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 27941.77

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 28772.68

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 27499.40

Smart Scan Analysis for SPBRRWBT

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

-100
Smart Scan Analysis for SPBRRWBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27637.67 27649.77 27323.13 27499.55 -138.12
Prev. Close Volume Bid Ask Time
27499.55 0 2024-04-25 16:48:57
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