Index Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
S&P/CSE Industrials Sector Index (CME:SPCSEIP)
Weak Downtrend (-65) - SPCSEIP is showing signs of a strengthening downtrend. Monitor SPCSEIP as it may be building momentum to the downside.
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 12th, 2022 at 2144.16
The intermediate-term trend has been DOWN since Oct 3rd, 2022 at 2353.40
The short-term trend has been DOWN since Oct 3rd, 2022 at 2398.79
Smart Scan Analysis for SPCSEIP
Based on our trend formula, SPCSEIP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).