Index Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
S&P/CSE Insurance Industry Group Index (CME:SPCSEINP)
Sidelines Mode (+50) - SPCSEINP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPCSEINP can gain momentum.
Is it time to buy, sell, or avoid SPCSEINP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEINP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEINP
The long-term trend has been DOWN since Apr 22nd, 2021 at 1348.00
The intermediate-term trend has been UP since Jun 4th, 2021 at 1381.15
The short-term trend has been UP since Jun 10th, 2021 at 1362.16
Smart Scan Analysis for SPCSEINP
Based on our trend formula, SPCSEINP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).