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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P 600 Oil, Gas & Consumable Fuels (Industry) (CME:SP600-101020)

Sidelines Mode (+55) - SP600-101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP600-101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-101020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP600-101020
Open High Low SP600-101020 Price Change
548.28 555.17 545.83 553.93 +6.40
Entry Signal

MarketClub’s Trade Triangles for SP600-101020

long term up The long-term trend has been UP since Mar 21st, 2024 at 559.66

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 549.69

short term up The short-term trend has been UP since May 6th, 2024 at 547.76

Smart Scan Analysis for SP600-101020

Based on our trend formula, SP600-101020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP600-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
548.28 555.17 545.83 553.93 +6.40
Prev. Close Volume Bid Ask Time
553.93 16625976 2024-05-09 16:20:11
52wk High735.7752wk High Date2018-05-22
52wk Low419.952wk Low Date2018-11-28
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