Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P/CSE Diversified Financials Industry Group Index (CME:SPCSEDFP)
Long-Term Downtrend (-90) - SPCSEDFP is in a strong downtrend that is likely to continue. While SPCSEDFP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPCSEDFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEDFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEDFP
The long-term trend has been DOWN since Nov 20th, 2023 at 1923.44
The intermediate-term trend has been DOWN since Sep 19th, 2023 at 2171.88
The short-term trend has been DOWN since Dec 7th, 2023 at 1925.29
Smart Scan Analysis for SPCSEDFP
Based on our trend formula, SPCSEDFP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).