Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
S&P/CSE Energy Sector Index (CME:SPCSEEP)
Bull Market Weakness (+75) - SPCSEEP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCSEEP as it may be in the beginning stages of a reversal.
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 23rd, 2020 at 499.21
The intermediate-term trend has been UP since Dec 1st, 2020 at 650.20
The short-term trend has been DOWN since Jan 27th, 2021 at 844.55
Smart Scan Analysis for SPCSEEP
Based on our trend formula, SPCSEEP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).