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Index Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

S&P/CSE Telecommunication Services Industry Group Index (CME:SPCSETIP)

Long-Term Downtrend (-90) - SPCSETIP is in a strong downtrend that is likely to continue. While SPCSETIP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPCSETIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSETIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPCSETIP
Open High Low SPCSETIP Price Change
1000.63 1002.17 977.58 989.36 +12.78
Entry Signal

MarketClub’s Trade Triangles for SPCSETIP

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 1160.09

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 1167.60

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 1025.82

Smart Scan Analysis for SPCSETIP

Based on our trend formula, SPCSETIP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPCSETIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1000.63 1002.17 977.58 989.36 +12.78
Prev. Close Volume Bid Ask Time
976.58 0 2024-07-19 05:30:03
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