Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
S&P/CSE Energy Sector Index (CME:SPCSEEP)
Strong Uptrend (+100) - SPCSEEP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPCSEEP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPCSEEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEEP
The long-term trend has been UP since Jun 1st, 2021 at 686.68
The intermediate-term trend has been UP since Sep 27th, 2021 at 647.90
The short-term trend has been UP since Sep 23rd, 2021 at 618.27
Smart Scan Analysis for SPCSEEP
Based on our trend formula, SPCSEEP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).