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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P/CSE Food & Staples Retailing Industry Group Index (CME:SPCSEFRP)

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

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

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

CME_SPCSEFRP
Open High Low SPCSEFRP Price Change
2186.31 2202.75 2186.02 2186.02 +1.38
Entry Signal

MarketClub’s Trade Triangles for SPCSEFRP

long term up The long-term trend has been UP since May 8th, 2024 at 2143.56

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 2125.83

short term up The short-term trend has been UP since Apr 30th, 2024 at 2078.96

Smart Scan Analysis for SPCSEFRP

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

+90
Smart Scan Analysis for SPCSEFRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2186.31 2202.75 2186.02 2186.02 +1.38
Prev. Close Volume Bid Ask Time
2186.02 0 2024-05-22 05:51:10
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