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Index Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
S&P Strategic Commodity Futures Index (CME:SPSCFI)
Bull Market Weakness (+75) - SPSCFI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSCFI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPSCFI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSCFI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPSCFI
The long-term trend has been DOWN since Dec 10th, 2021 at 253.47
The intermediate-term trend has been UP since Jan 14th, 2022 at 254.86
The short-term trend has been UP since Dec 31st, 2021 at 250.26
Smart Scan Analysis for SPSCFI
Based on our trend formula, SPSCFI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 253.58 | 255.80 | 253.58 | 255.60 | +2.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 255.60 | 0 | 2022-01-14 15:37:54 |