Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
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.
MarketClub’s Trade Triangles for SPEM40EP
The long-term trend has been DOWN since Feb 28th, 2020 at 2768.88
The intermediate-term trend has been UP since Apr 6th, 2020 at 2392.21
The short-term trend has been UP since Mar 25th, 2020 at 2304.62
Smart Scan Analysis for SPEM40EP
Based on our trend formula, SPEM40EP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2937.83||52wk High Date||2018-01-29|
|52wk Low||2385.81||52wk Low Date||2018-10-11|