Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
S&P/CSE Transportation Industry Group Index (CME:SPCSETP)
Bull Market Weakness (+75) - SPCSETP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCSETP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPCSETP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSETP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSETP
The long-term trend has been UP since Jul 20th, 2020 at 580.18
The intermediate-term trend has been UP since May 13th, 2020 at 346.02
The short-term trend has been DOWN since Nov 24th, 2020 at 4362.13
Smart Scan Analysis for SPCSETP
Based on our trend formula, SPCSETP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).