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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P Latin America BMI (US Dollar) (CME:SPCBMIRLAUSD)

Strong Downtrend (-100) - SPCBMIRLAUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPCBMIRLAUSD continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPCBMIRLAUSD
Open High Low SPCBMIRLAUSD Price Change
195.37 199.19 195.33 198.20 +2.82
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRLAUSD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 247.74

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 229.17

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 207.29

Smart Scan Analysis for SPCBMIRLAUSD

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

-100
Smart Scan Analysis for SPCBMIRLAUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
195.37 199.19 195.33 198.20 +2.82
Prev. Close Volume Bid Ask Time
198.20 0 2024-12-20 17:53:48
52wk High325.0352wk High Date2018-02-01
52wk Low237.2152wk Low Date2018-09-11
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