Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P/CSE Commercial & Professional Services Industry Group Index (CME:SPCSECPP)
Sidelines Mode (-55) - SPCSECPP 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 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 DOWN since Aug 28th, 2019 at 682.86
The intermediate-term trend has been DOWN since Nov 15th, 2019 at 741.19
The short-term trend has been UP since Feb 19th, 2020 at 705.21
Smart Scan Analysis for SPCSECPP
Based on our trend formula, SPCSECPP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).