Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
S&P China BMI (US Dollar) (CME:SPCBMICCNUSD)
Long-Term Downtrend (-90) - SPCBMICCNUSD is in a strong downtrend that is likely to continue. While SPCBMICCNUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPCBMICCNUSD
The long-term trend has been DOWN since Apr 25th, 2023 at 447.11
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 419.53
The short-term trend has been DOWN since Sep 18th, 2023 at 419.85
Smart Scan Analysis for SPCBMICCNUSD
Based on our trend formula, SPCBMICCNUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 409.82 | 410.49 | 409.10 | 409.88 | +2.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 407.83 | 0 | 2023-09-27 12:03:29 |
| 52wk High | 716.95 | 52wk High Date | 2018-01-29 |
| 52wk Low | 472.73 | 52wk Low Date | 2018-10-30 |