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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P 600 (CME:SP600)

Countertrend Up (+85) - SP600 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

CME_SP600
Open High Low SP600 Price Change
1450.14 1467.24 1446.48 1466.48 +3.97
Entry Signal

MarketClub’s Trade Triangles for SP600

long term up The long-term trend has been UP since Dec 13th, 2023 at 1244.66

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 1433.14

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 1496.69

Smart Scan Analysis for SP600

Based on our trend formula, SP600 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP600
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1450.14 1467.24 1446.48 1466.48 +3.97
Prev. Close Volume Bid Ask Time
1466.48 607350127 2024-11-19 16:55:28
52wk High1100.5852wk High Date2018-08-27
52wk Low878.9952wk Low Date2018-02-09
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