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Index Trend Analysis Report

Prepared for you on Friday, May 3, 2024.

S&P 600 Homefurnishing Retail (Sub Ind) (CME:SP600-25504060)

Long-Term Downtrend (-90) - SP600-25504060 is in a strong downtrend that is likely to continue. While SP600-25504060 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-25504060?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25504060.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP600-25504060
Open High Low SP600-25504060 Price Change
125.75 125.75 116.91 122.36 -10.69
Entry Signal

MarketClub’s Trade Triangles for SP600-25504060

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 131.67

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 142.36

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 134.76

Smart Scan Analysis for SP600-25504060

Based on our trend formula, SP600-25504060 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-25504060
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.75 125.75 116.91 122.36 -10.69
Prev. Close Volume Bid Ask Time
122.36 272952 2024-05-02 16:19:11
52wk High302.852wk High Date2018-09-04
52wk Low199.352wk Low Date2018-04-25
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