Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 600 (CME:SP600)
Sidelines Mode (-50) - SP600 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP600 can gain momentum.
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 Sep 12th, 2019 at 977.96
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1006.82
The short-term trend has been DOWN since Feb 18th, 2020 at 1014.13
Smart Scan Analysis for SP600
Based on our trend formula, SP600 is rated as a -50 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|