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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Financial Select Sector Index (CME:IXM)

Strong Uptrend (+100) - IXM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IXM 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 IXM?

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

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

CME_IXM
Open High Low IXM Price Change
508.76 513.17 508.25 513.04 +3.50
Entry Signal

MarketClub’s Trade Triangles for IXM

long term up The long-term trend has been UP since Nov 29th, 2023 at 436.69

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 508.17

short term up The short-term trend has been UP since May 6th, 2024 at 503.28

Smart Scan Analysis for IXM

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

+100
Smart Scan Analysis for IXM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
508.76 513.17 508.25 513.04 +3.50
Prev. Close Volume Bid Ask Time
513.04 0 2024-05-09 16:20:01
52wk High373.1652wk High Date2018-01-29
52wk Low307.852wk Low Date2018-10-26
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