Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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.

CME_SPCBMICCNUSD
Open High Low SPCBMICCNUSD Price Change
381.39 382.60 380.31 381.92 +1.29
Entry Signal

MarketClub’s Trade Triangles for SPCBMICCNUSD

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 447.11

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 382.75

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 390.34

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).

-90
Smart Scan Analysis for SPCBMICCNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
381.39 382.60 380.31 381.92 +1.29
Prev. Close Volume Bid Ask Time
380.63 0 2024-04-19 16:20:04
52wk High716.9552wk High Date2018-01-29
52wk Low472.7352wk Low Date2018-10-30
Get a free daily analysis and signals for S&P China BMI (US Dollar) (SPCBMICCNUSD) - Request Your Free Report.