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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P Developed Ex-U.S. BMI (US Dollar) (CME:SPCBMIRWUUSD)

Bull Market Weakness (+75) - SPCBMIRWUUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCBMIRWUUSD as it may be in the beginning stages of a reversal.

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

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

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

CME_SPCBMIRWUUSD
Open High Low SPCBMIRWUUSD Price Change
359.89 364.06 359.57 361.70 +1.92
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRWUUSD

long term up The long-term trend has been UP since Dec 1st, 2023 at 335.18

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 363.03

short term up The short-term trend has been UP since May 2nd, 2024 at 359.80

Smart Scan Analysis for SPCBMIRWUUSD

Based on our trend formula, SPCBMIRWUUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPCBMIRWUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
359.89 364.06 359.57 361.70 +1.92
Prev. Close Volume Bid Ask Time
361.61 0 2024-05-03 16:19:29
52wk High347.6252wk High Date2018-01-25
52wk Low278.7752wk Low Date2018-10-26
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