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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Utilities Select Sector Index (CME:IXU)

Sidelines Mode (-55) - IXU 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 IXU?

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

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

CME_IXU
Open High Low IXU Price Change
637.20 644.57 634.79 640.37 +2.96
Entry Signal

MarketClub’s Trade Triangles for IXU

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 598.97

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 627.75

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 633.95

Smart Scan Analysis for IXU

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

-55
Smart Scan Analysis for IXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
637.20 644.57 634.79 640.37 +2.96
Prev. Close Volume Bid Ask Time
640.37 0 2024-03-18 16:20:01
52wk High571.9652wk High Date2017-12-01
52wk Low479.0952wk Low Date2018-02-06
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