Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
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 Jul 1st, 2020 at 694.32
The intermediate-term trend has been UP since Dec 27th, 2021 at 1718.46
The short-term trend has been DOWN since Jan 24th, 2022 at 1859.27
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).