Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Consumer Discretionary Select Sector Index (CME:IXY)

Sidelines Mode (+55) - IXY 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 IXY?

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

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

CME_IXY
Open High Low IXY Price Change
1809.72 1817.52 1801.07 1808.76 +13.29
Entry Signal

MarketClub’s Trade Triangles for IXY

long term up The long-term trend has been UP since Dec 13th, 2023 at 1767.60

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2024 at 1785.56

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 1807.55

Smart Scan Analysis for IXY

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

+55
Smart Scan Analysis for IXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1809.72 1817.52 1801.07 1808.76 +13.29
Prev. Close Volume Bid Ask Time
1808.76 0 2024-03-18 16:19:56
52wk High1192.4352wk High Date2018-10-01
52wk Low959.3852wk Low Date2017-12-01
Get a free daily analysis and signals for Consumer Discretionary Select Sector Index (IXY) - Request Your Free Report.