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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P Emerging Asia 40 Index (CME:SPEM40UP)

Strong Downtrend (-100) - SPEM40UP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPEM40UP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPEM40UP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPEM40UP.

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

CME_SPEM40UP
Open High Low SPEM40UP Price Change
2060.74 2064.13 2055.47 2056.48 -7.28
Entry Signal

MarketClub’s Trade Triangles for SPEM40UP

long term down The long-term trend has been DOWN since Sep 26th, 2023 at 2165.68

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 2112.88

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 2122.65

Smart Scan Analysis for SPEM40UP

Based on our trend formula, SPEM40UP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPEM40UP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2060.74 2064.13 2055.47 2056.48 -7.28
Prev. Close Volume Bid Ask Time
2063.76 0 2024-04-16 10:58:47
52wk High3010.2152wk High Date2018-01-29
52wk Low2249.9152wk Low Date2018-10-30
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