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Index Trend Analysis Report

Prepared for you on Friday, October 23, 2020.

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

Bull Market Weakness (+75) - SPGSTI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSTI as it may be in the beginning stages of a reversal.

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
1303.18 1308.17 1283.28 1301.57 -1.61
Entry Signal

MarketClub’s Trade Triangles for SPGSTI

long term up The long-term trend has been UP since Jun 2nd, 2020 at 1086.28

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2020 at 1280.38

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 1308.18

Smart Scan Analysis for SPGSTI

Based on our trend formula, SPGSTI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGSTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1303.18 1308.17 1283.28 1301.57 -1.61
Prev. Close Volume Bid Ask Time
1258.61 0 2020-10-22 16:19:15
52wk High863.1552wk High Date2018-10-01
52wk Low666.5952wk Low Date2017-12-05
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