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Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPCSEFRP
Open High Low SPCSEFRP Price Change
1199.94 1260.09 1199.94 1199.94 0.00
Entry Signal

MarketClub’s Trade Triangles for SPCSEFRP

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 1181.29

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 1247.40

short term up The short term trend has been UP since Jul 23rd, 2019 at 1220.04

Smart Scan Analysis for SPCSEFRP

Based on a pre-defined weighted trend formula for chart analysis, SPCSEFRP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPCSEFRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1199.94 1260.09 1199.94 1199.94 0.00
Prev. Close Volume Bid Ask Time
1231.49 0 2019-07-23 05:53:02
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