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Index Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

S&P Food & Beverage Select Industry Index (CME:SPSIFB)

Sidelines Mode (+55) - SPSIFB 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 SPSIFB?

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

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

CME_SPSIFB
Open High Low SPSIFB Price Change
7309.00 7309.00 7175.83 7200.05 -108.95
Entry Signal

MarketClub’s Trade Triangles for SPSIFB

long term up The long-term trend has been UP since Dec 28th, 2021 at 7279.84

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2021 at 7202.55

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 7243.72

Smart Scan Analysis for SPSIFB

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

+55
Smart Scan Analysis for SPSIFB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7309.00 7309.00 7175.83 7200.05 -108.95
Prev. Close Volume Bid Ask Time
7200.05 0 2022-01-18 16:19:55
52wk High5232.0552wk High Date2018-09-12
52wk Low4600.4252wk Low Date2018-05-04
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