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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Crossroads (-60) - SPCBMIRWD20303010USD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
266.86 266.94 263.83 264.87 -2.30
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRWD20303010USD

long term up The long-term trend has been UP since May 28th, 2024 at 283.72

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 266.08

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 264.45

Smart Scan Analysis for SPCBMIRWD20303010USD

Based on our trend formula, SPCBMIRWD20303010USD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPCBMIRWD20303010USD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
266.86 266.94 263.83 264.87 -2.30
Prev. Close Volume Bid Ask Time
267.17 0 2024-07-26 16:19:55
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