Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
S&P/CSE Consumer Discretionary Sector Index (CME:SPCSECDP)
Sidelines Mode (+55) - SPCSECDP 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 SPCSECDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSECDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSECDP
The long-term trend has been UP since Jul 12th, 2021 at 436.10
The intermediate-term trend has been DOWN since Nov 24th, 2021 at 583.57
The short-term trend has been UP since Nov 25th, 2021 at 588.61
Smart Scan Analysis for SPCSECDP
Based on our trend formula, SPCSECDP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).