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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

S&P Europe BMI (US Dollar) (CME:SPCBMIREUUSD)

Sidelines Mode (-55) - SPCBMIREUUSD 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 SPCBMIREUUSD?

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

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

CME_SPCBMIREUUSD
Open High Low SPCBMIREUUSD Price Change
472.72 475.46 471.92 473.26 +0.73
Entry Signal

MarketClub’s Trade Triangles for SPCBMIREUUSD

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 456.04

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2021 at 479.38

short term up The short-term trend has been UP since Dec 7th, 2021 at 462.83

Smart Scan Analysis for SPCBMIREUUSD

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

-55
Smart Scan Analysis for SPCBMIREUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
472.72 475.46 471.92 473.26 +0.73
Prev. Close Volume Bid Ask Time
472.53 0 2021-12-08 08:42:09
52wk High439.3552wk High Date2018-01-25
52wk Low346.9852wk Low Date2018-10-26
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