Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

S&P/CSE Energy Industry Group Index (CME:SPCSEEIP)

Crossroads (-60) - SPCSEEIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPCSEEIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEEIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPCSEEIP
Open High Low SPCSEEIP Price Change
2396.21 2401.93 2353.93 2384.68 +4.95
Entry Signal

MarketClub’s Trade Triangles for SPCSEEIP

long term up The long-term trend has been UP since Mar 11th, 2024 at 2305.13

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 2602.63

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 2397.31

Smart Scan Analysis for SPCSEEIP

Based on our trend formula, SPCSEEIP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPCSEEIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2396.21 2401.93 2353.93 2384.68 +4.95
Prev. Close Volume Bid Ask Time
2379.73 0 2024-07-23 05:39:24
Get a free daily analysis and signals for S&P/CSE Energy Industry Group Index (SPCSEEIP) - Request Your Free Report.