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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Industrial Select Sector Index (CME:IXI)

Sidelines Mode (+55) - IXI 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 IXI?

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

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

CME_IXI
Open High Low IXI Price Change
1228.57 1242.87 1228.57 1241.19 +17.18
Entry Signal

MarketClub’s Trade Triangles for IXI

long term up The long-term trend has been UP since Dec 6th, 2023 at 1096.79

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1234.66

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1232.31

Smart Scan Analysis for IXI

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

+55
Smart Scan Analysis for IXI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1228.57 1242.87 1228.57 1241.19 +17.18
Prev. Close Volume Bid Ask Time
1241.19 0 2024-04-23 16:19:41
52wk High811.2952wk High Date2018-01-29
52wk Low670.9952wk Low Date2018-10-29
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