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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 600 Food Products (Industry) (CME:SP600-302020)

Long-Term Downtrend (-90) - SP600-302020 is in a strong downtrend that is likely to continue. While SP600-302020 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 SP600-302020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-302020.

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

CME_SP600-302020
Open High Low SP600-302020 Price Change
2378.75 2402.52 2368.50 2392.19 +15.70
Entry Signal

MarketClub’s Trade Triangles for SP600-302020

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 2373.01

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 2414.17

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2429.35

Smart Scan Analysis for SP600-302020

Based on our trend formula, SP600-302020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-302020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2378.75 2402.52 2368.50 2392.19 +15.70
Prev. Close Volume Bid Ask Time
2376.49 4393084 2024-04-16 14:25:41
52wk High2580.6852wk High Date2018-06-27
52wk Low2093.6852wk Low Date2018-05-03
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