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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

S&P MILA Andean 40 Index COP (CME:SPMILAO)

Bear Market Rally (-75) - SPMILAO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPMILAO as it may be in the beginning of a reversal.

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

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

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

CME_SPMILAO
Open High Low SPMILAO Price Change
634.58 642.80 630.15 642.51 +7.67
Entry Signal

MarketClub’s Trade Triangles for SPMILAO

long term down The long-term trend has been DOWN since Nov 12th, 2019 at 842.33

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2020 at 646.23

short term up The short-term trend has been UP since Jun 1st, 2020 at 641.28

Smart Scan Analysis for SPMILAO

Based on our trend formula, SPMILAO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPMILAO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
634.58 642.80 630.15 642.51 +7.67
Prev. Close Volume Bid Ask Time
617.57 0 2020-06-01 10:45:31
52wk High981.952wk High Date2018-01-30
52wk Low838.952wk Low Date2018-09-11
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