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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P China A 300 Industrials Index (CNY) (CME:SPC30020)

Sidelines Mode (+55) - SPC30020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPC30020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30020.

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

CME_SPC30020
Open High Low SPC30020 Price Change
2232.18 2238.21 2225.94 2236.11 +3.79
Entry Signal

MarketClub’s Trade Triangles for SPC30020

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 2201.38

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2024 at 2259.93

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 2243.52

Smart Scan Analysis for SPC30020

Based on our trend formula, SPC30020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPC30020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2232.18 2238.21 2225.94 2236.11 +3.79
Prev. Close Volume Bid Ask Time
2232.32 0 2024-07-26 04:31:20
52wk High2649.0752wk High Date2018-01-26
52wk Low1716.7252wk Low Date2018-10-19
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