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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

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

Long-Term Downtrend (-90) - SPGSTI is in a strong downtrend that is likely to continue. While SPGSTI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1522.04 1563.19 1510.97 1558.36 +36.32
Entry Signal

MarketClub’s Trade Triangles for SPGSTI

long term down The long-term trend has been DOWN since Jan 20th, 2022 at 1610.71

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2022 at 1710.53

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 1683.19

Smart Scan Analysis for SPGSTI

Based on our trend formula, SPGSTI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1522.04 1563.19 1510.97 1558.36 +36.32
Prev. Close Volume Bid Ask Time
1522.04 0 2022-01-28 12:14:25
52wk High863.1552wk High Date2018-10-01
52wk Low666.5952wk Low Date2017-12-05
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