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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P SmallCap 600 Equal Weighted Index (CME:SP600EW)
Countertrend Down (-85) - SP600EW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP600EW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600EW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600EW
The long-term trend has been DOWN since Apr 16th, 2024 at 1462.03
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1503.96
The short-term trend has been UP since Apr 22nd, 2024 at 1481.10
Smart Scan Analysis for SP600EW
Based on our trend formula, SP600EW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1475.62 | 1494.64 | 1473.99 | 1486.22 | +10.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1486.22 | 0 | 2024-04-22 16:20:00 |
| 52wk High | 1368.26 | 52wk High Date | 2017-12-06 |
| 52wk Low | 1031.18 | 52wk Low Date | 2018-02-09 |