Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

S&P/CSE Materials Industry Group Index (CME:SPCSEMIP)

Crossroads (+60) - SPCSEMIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

CME_SPCSEMIP
Open High Low SPCSEMIP Price Change
1690.38 1692.86 1664.00 1678.40 -9.70
Entry Signal

MarketClub’s Trade Triangles for SPCSEMIP

long term down The long-term trend has been DOWN since Aug 23rd, 2021 at 1528.03

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2021 at 1641.83

short term up The short-term trend has been UP since Nov 19th, 2021 at 1556.37

Smart Scan Analysis for SPCSEMIP

Based on our trend formula, SPCSEMIP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPCSEMIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1690.38 1692.86 1664.00 1678.40 -9.70
Prev. Close Volume Bid Ask Time
1688.10 0 2021-12-01 05:08:25
Get a free daily analysis and signals for S&P/CSE Materials Industry Group Index (SPCSEMIP) - Request Your Free Report.