Index Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
S&P/CSE Utilities Industry Group Index (CME:SPCSEUIP)
Bull Market Weakness (+75) - SPCSEUIP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCSEUIP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPCSEUIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEUIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEUIP
The long-term trend has been DOWN since Sep 8th, 2021 at 953.91
The intermediate-term trend has been UP since Sep 23rd, 2021 at 976.02
The short-term trend has been UP since Sep 23rd, 2021 at 970.51
Smart Scan Analysis for SPCSEUIP
Based on our trend formula, SPCSEUIP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).