Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 600 Food Distributors (Sub Ind) (CME:SP600-30101020)

Long-Term Downtrend (-90) - SP600-30101020 is in a strong downtrend that is likely to continue. While SP600-30101020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-30101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-30101020.

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

CME_SP600-30101020
Open High Low SP600-30101020 Price Change
338.52 340.40 332.22 333.81 -3.00
Entry Signal

MarketClub’s Trade Triangles for SP600-30101020

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 336.54

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 358.08

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 336.63

Smart Scan Analysis for SP600-30101020

Based on our trend formula, SP600-30101020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
338.52 340.40 332.22 333.81 -3.00
Prev. Close Volume Bid Ask Time
333.81 1858209 2024-04-15 17:04:07
52wk High436.152wk High Date2018-08-09
52wk Low310.9852wk Low Date2018-05-08
Get a free daily analysis and signals for S&P 600 Food Distributors (Sub Ind) (SP600-30101020) - Request Your Free Report.