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Index Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

S&P China A 300 Materials Index (CNY) (CME:SPC30015)

Long-Term Downtrend (-90) - SPC30015 is in a strong downtrend that is likely to continue. While SPC30015 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPC30015?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30015.

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

CME_SPC30015
Open High Low SPC30015 Price Change
2738.01 2744.39 2737.65 2742.74 +1.50
Entry Signal

MarketClub’s Trade Triangles for SPC30015

long term down The long-term trend has been DOWN since Nov 1st, 2021 at 2878.98

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2021 at 2841.34

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 2738.82

Smart Scan Analysis for SPC30015

Based on our trend formula, SPC30015 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPC30015
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2738.01 2744.39 2737.65 2742.74 +1.50
Prev. Close Volume Bid Ask Time
2741.24 0 2022-01-17 03:04:11
52wk High2101.5652wk High Date2018-01-08
52wk Low1309.8952wk Low Date2018-11-28
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