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Index Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

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

Countertrend Up (+85) - SPCBMIRWD20303010USD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
285.70 286.03 280.91 284.04 -3.68
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRWD20303010USD

long term up The long-term trend has been UP since Jun 4th, 2020 at 100.29

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2021 at 254.74

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 284.12

Smart Scan Analysis for SPCBMIRWD20303010USD

Based on our trend formula, SPCBMIRWD20303010USD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPCBMIRWD20303010USD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
285.70 286.03 280.91 284.04 -3.68
Prev. Close Volume Bid Ask Time
287.72 0 2022-01-17 20:29:40
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