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Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

MAC Global Solar Energy Index Total Return (CME:SUNIDX)

Strong Downtrend (-100) - SUNIDX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

CME_SUNIDX
Open High Low SUNIDX Price Change
359.45 360.62 346.79 347.49 -12.49
Entry Signal

MarketClub’s Trade Triangles for SUNIDX

long term down The long-term trend has been DOWN since May 4th, 2021 at 396.22

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 520.04

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 432.11

Smart Scan Analysis for SUNIDX

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

-100
Smart Scan Analysis for SUNIDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
359.45 360.62 346.79 347.49 -12.49
Prev. Close Volume Bid Ask Time
359.98 0 2021-05-12 12:13:31
52wk High130.1252wk High Date2018-05-22
52wk Low85.5952wk Low Date2018-10-29
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