Index Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
S&P/CSE Retailing Industry Group Index (CME:SPCSERP)
Bear Market Rally (-75) - SPCSERP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPCSERP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPCSERP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSERP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSERP
The long-term trend has been DOWN since Feb 17th, 2020 at 702.76
The intermediate-term trend has been UP since Jun 26th, 2020 at 605.71
The short-term trend has been DOWN since Jul 10th, 2020 at 603.87
Smart Scan Analysis for SPCSERP
Based on our trend formula, SPCSERP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).