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Index Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Consumer Discretionary Select Sector Index (CME:IXY)

Long-Term Downtrend (-90) - IXY is in a strong downtrend that is likely to continue. While IXY 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 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
944.01 948.67 921.81 933.81 -15.95
Entry Signal

MarketClub’s Trade Triangles for IXY

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 1204.71

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1269.71

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 979.01

Smart Scan Analysis for IXY

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

-90
Smart Scan Analysis for IXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
944.01 948.67 921.81 933.81 -15.95
Prev. Close Volume Bid Ask Time
1011.33 0 2020-04-03 17:10:00
52wk High1192.4352wk High Date2018-10-01
52wk Low959.3852wk Low Date2017-12-01
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