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Index Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

Syntax Stratified Food Index (CME:SYFOOD)

Strong Uptrend (+100) - SYFOOD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SYFOOD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_SYFOOD
Open High Low SYFOOD Price Change
2709.76 2711.48 2702.17 2710.35 +0.59
Entry Signal

MarketClub’s Trade Triangles for SYFOOD

long term up The long-term trend has been UP since Dec 4th, 2023 at 2383.09

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 2672.22

short term up The short-term trend has been UP since May 6th, 2024 at 2655.22

Smart Scan Analysis for SYFOOD

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

+100
Smart Scan Analysis for SYFOOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2709.76 2711.48 2702.17 2710.35 +0.59
Prev. Close Volume Bid Ask Time
2710.35 0 2024-05-17 16:19:30
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