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Index Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

S&P China BMI (US Dollar) (CME:SPCBMICCNUSD)

Weak Downtrend (-65) - SPCBMICCNUSD is showing signs of a strengthening downtrend. Monitor SPCBMICCNUSD as it may be building momentum to the downside.

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

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

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

CME_SPCBMICCNUSD
Open High Low SPCBMICCNUSD Price Change
403.32 404.02 402.56 402.61 -0.89
Entry Signal

MarketClub’s Trade Triangles for SPCBMICCNUSD

long term up The long-term trend has been UP since Apr 24th, 2024 at 401.28

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 420.29

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 404.04

Smart Scan Analysis for SPCBMICCNUSD

Based on our trend formula, SPCBMICCNUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPCBMICCNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
403.32 404.02 402.56 402.61 -0.89
Prev. Close Volume Bid Ask Time
403.50 0 2024-07-16 12:07:14
52wk High716.9552wk High Date2018-01-29
52wk Low472.7352wk Low Date2018-10-30
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