Index Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
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.
MarketClub’s Trade Triangles for SP600
The long-term trend has been UP since Aug 10th, 2020 at 919.91
The intermediate-term trend has been UP since Nov 5th, 2020 at 935.76
The short-term trend has been DOWN since Nov 30th, 2020 at 1052.08
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).
|52wk High||1100.58||52wk High Date||2018-08-27|
|52wk Low||878.99||52wk Low Date||2018-02-09|