Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P 600 Energy (Sector) (CME:SP600-10)
Bear Market Rally (-75) - SP600-10 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-10 as it may be in the beginning 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 DOWN since Jan 24th, 2020 at 216.91
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 256.04
The short-term trend has been UP since Apr 2nd, 2020 at 81.53
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|