Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P/CSE Health Care Sector Index (CME:SPCSEHCP)
Crossroads (-60) - SPCSEHCP 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 SPCSEHCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEHCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEHCP
The long-term trend has been DOWN since Aug 28th, 2019 at 805.51
The intermediate-term trend has been UP since May 12th, 2020 at 691.68
The short-term trend has been UP since May 29th, 2020 at 828.05
Smart Scan Analysis for SPCSEHCP
Based on our trend formula, SPCSEHCP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).