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Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

S&P/Citigroup BMI World Marine Index (CME:SPCBMIRWD20303010USD)

Weak Downtrend (-65) - SPCBMIRWD20303010USD is showing signs of a strengthening downtrend. Monitor SPCBMIRWD20303010USD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPCBMIRWD20303010USD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCBMIRWD20303010USD.

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

CME_SPCBMIRWD20303010USD
Open High Low SPCBMIRWD20303010USD Price Change
260.32 260.69 260.29 260.60 +0.20
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRWD20303010USD

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 247.84

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 271.23

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 262.05

Smart Scan Analysis for SPCBMIRWD20303010USD

Based on our trend formula, SPCBMIRWD20303010USD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPCBMIRWD20303010USD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
260.32 260.69 260.29 260.60 +0.20
Prev. Close Volume Bid Ask Time
260.40 0 2024-12-11 00:57:05
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