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Index Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

S&P Mid-East and Africa Emerging BMI (US Dollar) (CME:SPCBMIRMEUSD)

Sidelines Mode (+55) - SPCBMIRMEUSD 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 SPCBMIRMEUSD?

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

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

CME_SPCBMIRMEUSD
Open High Low SPCBMIRMEUSD Price Change
299.86 299.91 296.61 296.90 -2.98
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRMEUSD

long term down The long-term trend has been DOWN since May 12th, 2022 at 307.16

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2022 at 287.10

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 300.49

Smart Scan Analysis for SPCBMIRMEUSD

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

+55
Smart Scan Analysis for SPCBMIRMEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
299.86 299.91 296.61 296.90 -2.98
Prev. Close Volume Bid Ask Time
296.90 0 2022-08-19 18:53:29
52wk High333.8752wk High Date2018-01-26
52wk Low225.5552wk Low Date2018-10-25
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