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Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

S&P / Harel Consumer Goods Index (CME:SPHLCGIP)

Countertrend Down (-85) - SPHLCGIP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SPHLCGIP
Open High Low SPHLCGIP Price Change
1611.83 1617.46 1603.44 1606.54 -5.29
Entry Signal

MarketClub’s Trade Triangles for SPHLCGIP

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 1648.32

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2024 at 1696.61

short term up The short-term trend has been UP since Jun 17th, 2024 at 1627.19

Smart Scan Analysis for SPHLCGIP

Based on our trend formula, SPHLCGIP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPHLCGIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1611.83 1617.46 1603.44 1606.54 -5.29
Prev. Close Volume Bid Ask Time
1611.83 0 2024-06-19 06:12:45
52wk High1693.0152wk High Date2018-01-28
52wk Low1456.1552wk Low Date2018-08-02
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