Index Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
S&P 600 Retailing (Industry Group) (CME:SP600-2550)
Bull Market Weakness (+75) - SP600-2550 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-2550 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-2550?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-2550.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-2550
The long-term trend has been DOWN since Feb 7th, 2020 at 364.84
The intermediate-term trend has been UP since Apr 9th, 2020 at 244.27
The short-term trend has been UP since Jun 3rd, 2020 at 313.55
Smart Scan Analysis for SP600-2550
Based on our trend formula, SP600-2550 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||490.67||52wk High Date||2018-08-22|
|52wk Low||381.02||52wk Low Date||2018-11-20|