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Index Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

S&P Emerging Asia 40 Index EUR (CME:SPEM40EP)

Bull Market Weakness (+75) - SPEM40EP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPEM40EP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPEM40EP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPEM40EP.

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

CME_SPEM40EP
Open High Low SPEM40EP Price Change
2895.61 2905.77 2848.83 2852.50 -40.60
Entry Signal

MarketClub’s Trade Triangles for SPEM40EP

long term up The long-term trend has been UP since Feb 22nd, 2024 at 2430.14

intermediate term up The intermediate-term trend has been UP since Aug 13th, 2024 at 2541.97

short term down The short-term trend has been DOWN since Oct 7th, 2024 at 2904.49

Smart Scan Analysis for SPEM40EP

Based on our trend formula, SPEM40EP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPEM40EP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2895.61 2905.77 2848.83 2852.50 -40.60
Prev. Close Volume Bid Ask Time
2893.10 0 2024-10-08 16:19:47
52wk High2937.8352wk High Date2018-01-29
52wk Low2385.8152wk Low Date2018-10-11
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