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Index Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

S&P/CSE Energy Industry Group Index (CME:SPCSEEIP)

Bull Market Weakness (+75) - SPCSEEIP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCSEEIP as it may be in the beginning stages of a reversal.

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

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

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

CME_SPCSEEIP
Open High Low SPCSEEIP Price Change
779.42 789.08 777.69 785.19 +7.66
Entry Signal

MarketClub’s Trade Triangles for SPCSEEIP

long term up The long-term trend has been UP since Jun 1st, 2021 at 686.68

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 741.86

short term up The short-term trend has been UP since Nov 22nd, 2021 at 763.49

Smart Scan Analysis for SPCSEEIP

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

+75
Smart Scan Analysis for SPCSEEIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
779.42 789.08 777.69 785.19 +7.66
Prev. Close Volume Bid Ask Time
783.47 0 2021-11-26 04:29:38
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