Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
S&P/CSE Real Estate Sector Index (CME:SPCSERSP)
Sidelines Mode (+55) - SPCSERSP 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 SPCSERSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSERSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSERSP
The long-term trend has been DOWN since Mar 4th, 2021 at 757.58
The intermediate-term trend has been UP since Jun 1st, 2021 at 776.78
The short-term trend has been DOWN since Jun 9th, 2021 at 788.24
Smart Scan Analysis for SPCSERSP
Based on our trend formula, SPCSERSP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).