Index Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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

Countertrend Up (+85) - SPCSEFBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

Open	High	Low	SPCSEFBP Price	Change
1043.47	1045.81	1039.39	1042.87	+3.12
Entry Signal

MarketClub’s Trade Triangles for SPCSEFBP

The long-term trend has been UP since Aug 20th, 2020 at 750.57

The intermediate-term trend has been UP since Aug 27th, 2021 at 995.46

The short-term trend has been DOWN since Oct 13th, 2021 at 1043.11

Smart Scan Analysis for SPCSEFBP

Based on our trend formula, SPCSEFBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1043.47	1045.81	1039.39	1042.87	+3.12
Prev. Close	Volume	Bid	Ask	Time
1039.75	0			2021-10-21 05:57:42

Get a free daily analysis and signals for S&P/CSE Food, Beverage & Tobacco Industry Group Index (SPCSEFBP) - Request Your Free Report.