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.
MarketClub’s Trade Triangles for IXY
The long-term trend has been UP since Dec 17th, 2019 at 1252.11
The intermediate-term trend has been UP since Feb 4th, 2020 at 1297.62
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).
|52wk High||1192.43||52wk High Date||2018-10-01|
|52wk Low||959.38||52wk Low Date||2017-12-01|