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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - SPCSEFBP is showing signs of a strengthening downtrend. Monitor SPCSEFBP as it may be building momentum to the downside.

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
1206.77 1208.34 1199.13 1200.96 -0.79
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 down The intermediate-term trend has been DOWN since May 30th, 2024 at 1248.17

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 1219.86

Smart Scan Analysis for SPCSEFBP

Based on our trend formula, SPCSEFBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPCSEFBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1206.77 1208.34 1199.13 1200.96 -0.79
Prev. Close Volume Bid Ask Time
1201.75 0 2024-07-26 06:07:12
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