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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Transportation Select Industry Index (TR) (CME:SPSITNTR)

Weak Downtrend (-65) - SPSITNTR is showing signs of a strengthening downtrend. Monitor SPSITNTR as it may be building momentum to the downside.

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

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

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

CME_SPSITNTR
Open High Low SPSITNTR Price Change
6485.70 6578.57 6454.86 6466.75 -18.95
Entry Signal

MarketClub’s Trade Triangles for SPSITNTR

long term up The long-term trend has been UP since Dec 14th, 2023 at 6722.75

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6634.64

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 6880.68

Smart Scan Analysis for SPSITNTR

Based on our trend formula, SPSITNTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPSITNTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6485.70 6578.57 6454.86 6466.75 -18.95
Prev. Close Volume Bid Ask Time
6466.75 0 2024-04-18 16:19:40
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