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Index Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

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

Sidelines Mode (+55) - SPMILAO 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 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
710.94 717.03 707.56 712.78 +3.06
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 up The intermediate-term trend has been UP since Jul 22nd, 2020 at 696.67

short term down The short-term trend has been DOWN since Jul 31st, 2020 at 709.19

Smart Scan Analysis for SPMILAO

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

+55
Smart Scan Analysis for SPMILAO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
710.94 717.03 707.56 712.78 +3.06
Prev. Close Volume Bid Ask Time
681.01 0 2020-07-31 18:31:38
52wk High981.952wk High Date2018-01-30
52wk Low838.952wk Low Date2018-09-11
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