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Index Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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

Sidelines Mode (-55) - SPCSEFRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1362.74 1362.74 1345.63 1346.55 -8.32
Entry Signal

MarketClub’s Trade Triangles for SPCSEFRP

long term up The long-term trend has been UP since Jul 27th, 2020 at 1152.45

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1354.23

short term up The short-term trend has been UP since Mar 3rd, 2021 at 1380.43

Smart Scan Analysis for SPCSEFRP

Based on our trend formula, SPCSEFRP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPCSEFRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1362.74 1362.74 1345.63 1346.55 -8.32
Prev. Close Volume Bid Ask Time
1354.87 0 2021-03-05 04:53:57
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