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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P Select Sector Capped 20% Materials Index Net TR (CME:SPSUMN)

Strong Uptrend (+100) - SPSUMN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPSUMN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_SPSUMN
Open High Low SPSUMN Price Change
554.00 554.39 553.80 554.01 +0.16
Entry Signal

MarketClub’s Trade Triangles for SPSUMN

long term up The long-term trend has been UP since Dec 13th, 2023 at 497.30

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 499.49

short term up The short-term trend has been UP since Mar 27th, 2024 at 549.41

Smart Scan Analysis for SPSUMN

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

+100
Smart Scan Analysis for SPSUMN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
554.00 554.39 553.80 554.01 +0.16
Prev. Close Volume Bid Ask Time
553.85 0 2024-03-28 09:30:48
52wk High344.3252wk High Date2018-01-26
52wk Low274.6652wk Low Date2018-10-26
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