Index Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
S&P/CSE Financials Sector Index (CME:SPCSEFP)
Sidelines Mode (+55) - SPCSEFP 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 SPCSEFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEFP
The long-term trend has been UP since Jan 27th, 2023 at 1137.17
The intermediate-term trend has been DOWN since Mar 27th, 2023 at 1271.66
The short-term trend has been UP since Jun 1st, 2023 at 1186.70
Smart Scan Analysis for SPCSEFP
Based on our trend formula, SPCSEFP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).