Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
S&P/CSE Real Estate Industry Group Index (CME:SPCSEREP)
Sidelines Mode (-55) - SPCSEREP 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 SPCSEREP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEREP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEREP
The long-term trend has been DOWN since Mar 4th, 2021 at 757.58
The intermediate-term trend has been UP since Apr 5th, 2021 at 812.48
The short-term trend has been DOWN since Apr 19th, 2021 at 815.05
Smart Scan Analysis for SPCSEREP
Based on our trend formula, SPCSEREP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).