Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
S&P 600 Energy (Sector) (CME:SP600-10)
Bull Market Weakness (+75) - SP600-10 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-10 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-10
The long-term trend has been UP since Nov 24th, 2020 at 151.10
The intermediate-term trend has been UP since Nov 9th, 2020 at 125.98
The short-term trend has been DOWN since Nov 30th, 2020 at 152.27
Smart Scan Analysis for SP600-10
Based on our trend formula, SP600-10 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||681.87||52wk High Date||2018-05-22|
|52wk Low||414.56||52wk Low Date||2018-11-28|