Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P/CSE Consumer Durables & Apparel Industry Group Index (CME:SPCSECAP)
Bear Market Rally (-75) - SPCSECAP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPCSECAP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPCSECAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSECAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSECAP
The long-term trend has been DOWN since Feb 20th, 2020 at 931.32
The intermediate-term trend has been UP since May 13th, 2020 at 555.89
The short-term trend has been DOWN since Jun 1st, 2020 at 656.43
Smart Scan Analysis for SPCSECAP
Based on our trend formula, SPCSECAP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).