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Index Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

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

Sidelines Mode (+55) - SPMILA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
554.16 556.53 550.10 551.48 -5.62
Entry Signal

MarketClub’s Trade Triangles for SPMILA

long term down The long-term trend has been DOWN since Jul 2nd, 2024 at 530.40

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2024 at 548.87

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 556.56

Smart Scan Analysis for SPMILA

Based on our trend formula, SPMILA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPMILA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
554.16 556.53 550.10 551.48 -5.62
Prev. Close Volume Bid Ask Time
551.61 0 2024-07-17 16:29:06
52wk High802.8752wk High Date2018-04-19
52wk Low609.5252wk Low Date2018-10-31
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