Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
CFRA-Stovall Equal Weight Seasonal Rotation Index (CME:CSAMSREW)
Sidelines Mode (+55) - CSAMSREW 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 CSAMSREW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CSAMSREW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CSAMSREW
The long-term trend has been UP since Nov 10th, 2022 at 9052.43
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 9426.57
The short-term trend has been UP since Mar 21st, 2023 at 9005.66
Smart Scan Analysis for CSAMSREW
Based on our trend formula, CSAMSREW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).