Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P 600 (CME:SP600)
Long-Term Downtrend (-90) - SP600 is in a strong downtrend that is likely to continue. While SP600 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?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600
The long-term trend has been DOWN since Feb 25th, 2020 at 967.08
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1006.82
The short-term trend has been DOWN since Apr 1st, 2020 at 660.64
Smart Scan Analysis for SP600
Based on our trend formula, SP600 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1100.58||52wk High Date||2018-08-27|
|52wk Low||878.99||52wk Low Date||2018-02-09|