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Index Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

S&P MidCap 400 Capped Information Technology (sector) Index (CME:SPMU4TP)

Strong Uptrend (+100) - SPMU4TP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPMU4TP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPMU4TP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4TP.

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

CME_SPMU4TP
Open High Low SPMU4TP Price Change
6865.28 6929.17 6818.90 6849.46 -15.82
Entry Signal

MarketClub’s Trade Triangles for SPMU4TP

long term up The long-term trend has been UP since Nov 6th, 2024 at 6549.66

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 6549.66

short term up The short-term trend has been UP since Dec 13th, 2024 at 6889.32

Smart Scan Analysis for SPMU4TP

Based on our trend formula, SPMU4TP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SPMU4TP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6865.28 6929.17 6818.90 6849.46 -15.82
Prev. Close Volume Bid Ask Time
6849.46 0 2024-12-13 16:20:00
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