Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Consumer Discretionary Select Sector Index (CME:IXY)

Countertrend Up (+85) - IXY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1329.71 1330.55 1311.05 1314.68 -20.58
Entry Signal

MarketClub’s Trade Triangles for IXY

long term up The long-term trend has been UP since Dec 17th, 2019 at 1252.11

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2020 at 1297.62

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 1321.07

Smart Scan Analysis for IXY

Based on our trend formula, IXY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1329.71 1330.55 1311.05 1314.68 -20.58
Prev. Close Volume Bid Ask Time
1275.98 0 2020-02-21 16:19:31
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.