Morgan Stanley Cyclical Index
Morgan Stanley Cyclical Index
"The Morgan Stanley Cyclical Index (CYC) is an equal-dollar
weighted index designed to measure the performance of economically
sensitive industries within the U.S. economy and detect shifts in investor sentiment.
The CYC Index comprises 30 stocks from over 25 industries, including automobiles,
metals, papers, machinery, chemicals and transportation."
Range bound in a rectangle in an uptrend for 4 months.
Double bottom. Broke out of range.
Target 1597
"The Morgan Stanley Cyclical Index (CYC) is an equal-dollar
weighted index designed to measure the performance of economically
sensitive industries within the U.S. economy and detect shifts in investor sentiment.
The CYC Index comprises 30 stocks from over 25 industries, including automobiles,
metals, papers, machinery, chemicals and transportation."
Range bound in a rectangle in an uptrend for 4 months.
Double bottom. Broke out of range.
Target 1597
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.