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Index Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

S&P MILA Andean 40 Index (CME:SPMILA)

Crossroads (+60) - SPMILA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPMILA
Open High Low SPMILA Price Change
492.45 492.52 484.39 484.39 -7.87
Entry Signal

MarketClub’s Trade Triangles for SPMILA

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 458.97

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 461.45

short term up The short-term trend has been UP since Nov 29th, 2023 at 483.05

Smart Scan Analysis for SPMILA

Based on our trend formula, SPMILA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPMILA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
492.45 492.52 484.39 484.39 -7.87
Prev. Close Volume Bid Ask Time
492.26 0 2023-12-04 15:41:56
52wk High802.8752wk High Date2018-04-19
52wk Low609.5252wk Low Date2018-10-31
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