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Index Trend Analysis Report

Prepared for you on Monday, June 27, 2022.

S&P Insurance Select Industry Index (TR) (CME:SPSIINST)

Countertrend Down (-85) - SPSIINST is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SPSIINST
Open High Low SPSIINST Price Change
5094.47 5113.60 5065.69 5091.65 -2.82
Entry Signal

MarketClub’s Trade Triangles for SPSIINST

long term down The long-term trend has been DOWN since May 12th, 2022 at 4967.47

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 5006.78

short term up The short-term trend has been UP since Jun 22nd, 2022 at 4913.30

Smart Scan Analysis for SPSIINST

Based on our trend formula, SPSIINST is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPSIINST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5094.47 5113.60 5065.69 5091.65 -2.82
Prev. Close Volume Bid Ask Time
5094.47 0 2022-06-27 17:12:15
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