Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
S&P/CSE Commercial & Professional Services Industry Group Index (CME:SPCSECPP)
Long-Term Uptrend (+90) - SPCSECPP is in a strong uptrend that is likely to continue. While SPCSECPP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPCSECPP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSECPP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSECPP
The long-term trend has been UP since Jul 4th, 2023 at 1278.06
The intermediate-term trend has been UP since Sep 22nd, 2023 at 1348.37
The short-term trend has been UP since Sep 22nd, 2023 at 1321.83
Smart Scan Analysis for SPCSECPP
Based on our trend formula, SPCSECPP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).