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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

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

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

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
263.56 263.98 261.23 261.32 -2.20
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRMEUSD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 268.23

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2024 at 264.76

short term down The short-term trend has been DOWN since May 21st, 2024 at 269.62

Smart Scan Analysis for SPCBMIRMEUSD

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

-100
Smart Scan Analysis for SPCBMIRMEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
263.56 263.98 261.23 261.32 -2.20
Prev. Close Volume Bid Ask Time
263.52 0 2024-05-28 22:45:04
52wk High333.8752wk High Date2018-01-26
52wk Low225.5552wk Low Date2018-10-25
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