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Index Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

S&P Mitsubishi Corporate Group Index (CME:SPJCIMTP)

Sidelines Mode (-55) - SPJCIMTP 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 SPJCIMTP?

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

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

CME_SPJCIMTP
Open High Low SPJCIMTP Price Change
121.00 121.37 120.84 121.09 -0.09
Entry Signal

MarketClub’s Trade Triangles for SPJCIMTP

long term down The long-term trend has been DOWN since Feb 18th, 2020 at 146.68

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2020 at 118.94

short term down The short-term trend has been DOWN since Sep 16th, 2020 at 121.52

Smart Scan Analysis for SPJCIMTP

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

-55
Smart Scan Analysis for SPJCIMTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.00 121.37 120.84 121.09 -0.09
Prev. Close Volume Bid Ask Time
121.71 0 2020-09-17 20:29:33
52wk High186.1852wk High Date2018-01-18
52wk Low151.0752wk Low Date2018-11-21
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