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Index Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

S&P/CSE Food, Beverage & Tobacco Industry Group Index (CME:SPCSEFBP)

Long-Term Uptrend (+90) - SPCSEFBP is in a strong uptrend that is likely to continue. While SPCSEFBP 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 SPCSEFBP?

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

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

CME_SPCSEFBP
Open High Low SPCSEFBP Price Change
1139.17 1147.07 1135.30 1135.30 +0.61
Entry Signal

MarketClub’s Trade Triangles for SPCSEFBP

long term up The long-term trend has been UP since Feb 21st, 2023 at 934.79

intermediate term up The intermediate-term trend has been UP since Sep 8th, 2023 at 1121.45

short term up The short-term trend has been UP since Sep 27th, 2023 at 1143.21

Smart Scan Analysis for SPCSEFBP

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

+90
Smart Scan Analysis for SPCSEFBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1139.17 1147.07 1135.30 1135.30 +0.61
Prev. Close Volume Bid Ask Time
1135.30 0 2023-09-27 05:53:15
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