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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

S&P Mid-East and Africa Under USD2 Billion (US Dollar) (CME:SPCRU2BRMEUSD)

Weak Downtrend (-65) - SPCRU2BRMEUSD is showing signs of a strengthening downtrend. Monitor SPCRU2BRMEUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPCRU2BRMEUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCRU2BRMEUSD.

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

CME_SPCRU2BRMEUSD
Open High Low SPCRU2BRMEUSD Price Change
235.20 238.93 234.70 234.84 -0.36
Entry Signal

MarketClub’s Trade Triangles for SPCRU2BRMEUSD

long term up The long-term trend has been UP since Dec 14th, 2023 at 220.34

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2024 at 236.66

short term down The short-term trend has been DOWN since May 29th, 2024 at 235.07

Smart Scan Analysis for SPCRU2BRMEUSD

Based on our trend formula, SPCRU2BRMEUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPCRU2BRMEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
235.20 238.93 234.70 234.84 -0.36
Prev. Close Volume Bid Ask Time
235.20 0 2024-05-29 12:59:54
52wk High267.952wk High Date2018-02-26
52wk Low184.8152wk Low Date2018-10-11
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