Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
S&P/CSE Materials Industry Group Index (CME:SPCSEMIP)
Bull Market Weakness (+75) - SPCSEMIP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCSEMIP as it may be in the beginning stages of a reversal.
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 Oct 14th, 2024 at 1705.16
The intermediate-term trend has been UP since Sep 23rd, 2024 at 1552.37
The short-term trend has been DOWN since Feb 3rd, 2025 at 2381.84
Smart Scan Analysis for SPCSEMIP
Based on our trend formula, SPCSEMIP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2297.62 | 2305.20 | 2279.59 | 2303.19 | -29.83 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2333.02 | 0 | 2025-02-05 00:38:48 |