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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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

Sidelines Mode (+50) - SPCSEEIP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPCSEEIP can gain momentum.

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
448.38 451.97 442.92 446.47 +2.00
Entry Signal

MarketClub’s Trade Triangles for SPCSEEIP

long term down The long-term trend has been DOWN since Sep 10th, 2019 at 471.14

intermediate term up The intermediate-term trend has been UP since May 13th, 2020 at 408.75

short term up The short-term trend has been UP since Jun 2nd, 2020 at 450.44

Smart Scan Analysis for SPCSEEIP

Based on our trend formula, SPCSEEIP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SPCSEEIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
448.38 451.97 442.92 446.47 +2.00
Prev. Close Volume Bid Ask Time
421.71 0 2020-06-02 05:46:06
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