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Index Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

S&P/CSE Materials Sector Index (CME:SPCSEMP)

Strong Uptrend (+100) - SPCSEMP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPCSEMP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPCSEMP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEMP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPCSEMP
Open High Low SPCSEMP Price Change
1763.94 1776.07 1761.19 1774.72 +17.83
Entry Signal

MarketClub’s Trade Triangles for SPCSEMP

long term up The long-term trend has been UP since Oct 14th, 2024 at 1705.16

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2024 at 1552.37

short term up The short-term trend has been UP since Nov 22nd, 2024 at 1772.60

Smart Scan Analysis for SPCSEMP

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

+100
Smart Scan Analysis for SPCSEMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1763.94 1776.07 1761.19 1774.72 +17.83
Prev. Close Volume Bid Ask Time
1756.89 0 2024-11-22 04:29:57
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