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Index Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

S&P Aerospace & Defense Select Industry Index (Net TR) (CME:SPSIADN)

Long-Term Downtrend (-90) - SPSIADN is in a strong downtrend that is likely to continue. While SPSIADN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPSIADN
Open High Low SPSIADN Price Change
18182.76 18182.76 17673.73 17939.85 -242.91
Entry Signal

MarketClub’s Trade Triangles for SPSIADN

long term down The long-term trend has been DOWN since May 9th, 2022 at 19386.22

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 18270.36

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 17848.11

Smart Scan Analysis for SPSIADN

Based on our trend formula, SPSIADN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPSIADN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18182.76 18182.76 17673.73 17939.85 -242.91
Prev. Close Volume Bid Ask Time
18182.76 0 2022-06-29 16:19:51
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