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Index Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Utilities Select Sector Index (CME:IXU)

Long-Term Downtrend (-90) - IXU is in a strong downtrend that is likely to continue. While IXU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
585.35 587.25 576.95 584.68 -3.42
Entry Signal

MarketClub’s Trade Triangles for IXU

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 619.25

intermediate term down The intermediate-term trend has been DOWN since Aug 20th, 2020 at 599.01

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 595.00

Smart Scan Analysis for IXU

Based on our trend formula, IXU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
585.35 587.25 576.95 584.68 -3.42
Prev. Close Volume Bid Ask Time
605.11 0 2020-09-21 16:18:46
52wk High571.9652wk High Date2017-12-01
52wk Low479.0952wk Low Date2018-02-06
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