Index Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
S&P/CSE Telecommunication Services Sector Index (CME:SPCSETSP)
Bear Market Rally (-75) - SPCSETSP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPCSETSP as it may be in the beginning of a reversal.
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 DOWN since May 12th, 2021 at 941.81
The intermediate-term trend has been UP since Nov 25th, 2021 at 923.35
The short-term trend has been DOWN since Dec 1st, 2021 at 914.38
Smart Scan Analysis for SPCSETSP
Based on our trend formula, SPCSETSP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).