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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P North American Technology Sector Index (CME:SPGSTI)

Sidelines Mode (-55) - SPGSTI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSTI
Open High Low SPGSTI Price Change
1701.22 1714.21 1701.22 1713.86 +12.64
Entry Signal

MarketClub’s Trade Triangles for SPGSTI

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 1626.34

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1717.79

short term up The short-term trend has been UP since Oct 14th, 2021 at 1678.29

Smart Scan Analysis for SPGSTI

Based on our trend formula, SPGSTI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1701.22 1714.21 1701.22 1713.86 +12.64
Prev. Close Volume Bid Ask Time
1713.86 0 2021-10-15 16:46:29
52wk High863.1552wk High Date2018-10-01
52wk Low666.5952wk Low Date2017-12-05
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