Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P/CSE Industrials Sector Index (CME:SPCSEIP)
Long-Term Uptrend (+90) - SPCSEIP is in a strong uptrend that is likely to continue. While SPCSEIP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPCSEIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEIP
The long-term trend has been UP since Aug 14th, 2020 at 706.10
The intermediate-term trend has been UP since Jul 27th, 2020 at 664.22
The short-term trend has been UP since Nov 17th, 2020 at 985.11
Smart Scan Analysis for SPCSEIP
Based on our trend formula, SPCSEIP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).