Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
S&P/CSE Telecommunication Services Sector Index (CME:SPCSETSP)
Crossroads (-60) - SPCSETSP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPCSETSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSETSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSETSP
The long-term trend has been UP since Aug 22nd, 2022 at 863.59
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 1221.71
The short-term trend has been DOWN since Sep 13th, 2023 at 1185.90
Smart Scan Analysis for SPCSETSP
Based on our trend formula, SPCSETSP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).