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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Aerospace & Defense Select Industry Index (CME:SPSIAD)

Long-Term Uptrend (+90) - SPSIAD is in a strong uptrend that is likely to continue. While SPSIAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPSIAD
Open High Low SPSIAD Price Change
21733.44 21917.96 21733.44 21797.75 +64.31
Entry Signal

MarketClub’s Trade Triangles for SPSIAD

long term up The long-term trend has been UP since Nov 14th, 2023 at 19398.45

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2024 at 20510.37

short term up The short-term trend has been UP since Mar 20th, 2024 at 21411.32

Smart Scan Analysis for SPSIAD

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

+90
Smart Scan Analysis for SPSIAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21733.44 21917.96 21733.44 21797.75 +64.31
Prev. Close Volume Bid Ask Time
21797.75 0 2024-03-28 16:19:35
52wk High15370.8552wk High Date2018-09-19
52wk Low12179.2352wk Low Date2017-12-01
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