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Index Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

S&P China 500 (CNY) (CME:SPC500CP)

Crossroads (+60) - SPC500CP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPC500CP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPC500CP.

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

CME_SPC500CP
Open High Low SPC500CP Price Change
2280.32 2287.29 2277.12 2283.90 +3.24
Entry Signal

MarketClub’s Trade Triangles for SPC500CP

long term up The long-term trend has been UP since Mar 11th, 2024 at 2234.86

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 2352.70

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 2274.98

Smart Scan Analysis for SPC500CP

Based on our trend formula, SPC500CP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPC500CP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2280.32 2287.29 2277.12 2283.90 +3.24
Prev. Close Volume Bid Ask Time
2280.66 0 2024-07-16 04:44:45
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