Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
S&P/CSE Utilities Sector Index (CME:SPCSEUP)
Crossroads (+60) - SPCSEUP 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 SPCSEUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEUP
The long-term trend has been DOWN since Feb 23rd, 2021 at 916.37
The intermediate-term trend has been UP since Apr 1st, 2021 at 935.84
The short-term trend has been UP since Mar 31st, 2021 at 927.80
Smart Scan Analysis for SPCSEUP
Based on our trend formula, SPCSEUP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).