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Index Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

S&P Banks Select Industry Index (CME:SPSIBK)

Bear Market Rally (-75) - SPSIBK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPSIBK as it may be in the beginning of a reversal.

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

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

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

CME_SPSIBK
Open High Low SPSIBK Price Change
959.11 995.26 959.11 994.11 +35.00
Entry Signal

MarketClub’s Trade Triangles for SPSIBK

long term down The long-term trend has been DOWN since Apr 4th, 2022 at 1124.33

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 997.22

short term up The short-term trend has been UP since Jun 24th, 2022 at 977.19

Smart Scan Analysis for SPSIBK

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

-75
Smart Scan Analysis for SPSIBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
959.11 995.26 959.11 994.11 +35.00
Prev. Close Volume Bid Ask Time
994.11 0 2022-06-24 16:20:00
52wk High1139.8852wk High Date2018-03-12
52wk Low885.6352wk Low Date2018-10-24
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