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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P BMI Emerging Markets High Beta Index (CME:SPEMHBI)

Long-Term Downtrend (-90) - SPEMHBI is in a strong downtrend that is likely to continue. While SPEMHBI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPEMHBI
Open High Low SPEMHBI Price Change
1100.82 1101.06 1093.57 1094.14 -6.07
Entry Signal

MarketClub’s Trade Triangles for SPEMHBI

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 1324.60

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1122.62

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 1132.72

Smart Scan Analysis for SPEMHBI

Based on our trend formula, SPEMHBI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPEMHBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1100.82 1101.06 1093.57 1094.14 -6.07
Prev. Close Volume Bid Ask Time
1100.21 0 2024-04-18 16:32:55
52wk High1743.2752wk High Date2018-01-29
52wk Low1157.3152wk Low Date2018-10-30
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