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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

S&P/IFCI Large-Mid Cap Turkey total return index in local currency (CME:SPITRXLT)

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

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

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

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

CME_SPITRXLT
Open High Low SPITRXLT Price Change
7250.56 7301.77 7198.67 7269.89 +19.61
Entry Signal

MarketClub’s Trade Triangles for SPITRXLT

long term up The long-term trend has been UP since Aug 6th, 2021 at 879.03

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 6079.69

short term down The short-term trend has been DOWN since May 24th, 2024 at 7274.47

Smart Scan Analysis for SPITRXLT

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

+75
Smart Scan Analysis for SPITRXLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7250.56 7301.77 7198.67 7269.89 +19.61
Prev. Close Volume Bid Ask Time
7250.28 0 2024-05-28 16:03:52
52wk High752.7652wk High Date2018-01-29
52wk Low529.7852wk Low Date2018-08-17
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