Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P 600 Energy (Industry Group) (CME:SP600-1010)
Sidelines Mode (-55) - SP600-1010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP600-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-1010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-1010
The long-term trend has been DOWN since Jan 24th, 2020 at 216.91
The intermediate-term trend has been UP since Apr 9th, 2020 at 95.72
The short-term trend has been DOWN since May 29th, 2020 at 121.94
Smart Scan Analysis for SP600-1010
Based on our trend formula, SP600-1010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||681.82||52wk High Date||2018-05-22|
|52wk Low||414.57||52wk Low Date||2018-11-28|