Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Technology Select Sector Index (CME:IXT)
Strong Downtrend (-100) - IXT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IXT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IXT
The long-term trend has been DOWN since Jan 24th, 2022 at 1480.01
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 1656.91
The short-term trend has been DOWN since Jan 14th, 2022 at 1651.90
Smart Scan Analysis for IXT
Based on our trend formula, IXT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||766.66||52wk High Date||2018-10-03|
|52wk Low||611.83||52wk Low Date||2018-02-09|
|Contract High||0.0466||Contract High Date||2008-10-06|
|Contract Low||0.0184||Contract Low Date||2008-08-27|