
Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
S&P/CSE Materials Industry Group Index (CME:SPCSEMIP)
Countertrend Up (+85) - SPCSEMIP 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 SPCSEMIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEMIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPCSEMIP
The long-term trend has been UP since Aug 3rd, 2022 at 1142.04
The intermediate-term trend has been UP since Feb 21st, 2023 at 1387.02
The short-term trend has been DOWN since Mar 21st, 2023 at 1451.38
Smart Scan Analysis for SPCSEMIP
Based on our trend formula, SPCSEMIP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
1469.32 | 1470.57 | 1449.10 | 1449.47 | -18.27 |
Prev. Close | Volume | Bid | Ask | Time |
1467.74 | 0 | 2023-03-21 03:59:58 |