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Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
S&P 600 Financials (Sector) (CME:SP600-40)
Sidelines Mode (-55) - SP600-40 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 SP600-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-40
The long-term trend has been DOWN since Feb 25th, 2020 at 1054.54
The intermediate-term trend has been UP since Jul 16th, 2020 at 783.32
The short-term trend has been DOWN since Aug 13th, 2020 at 819.19
Smart Scan Analysis for SP600-40
Based on our trend formula, SP600-40 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 822.61 | 827.02 | 818.91 | 823.80 | -5.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 740.99 | 8391392 | 2020-08-13 10:24:42 |
| 52wk High | 1172.16 | 52wk High Date | 2018-08-21 |
| 52wk Low | 978.03 | 52wk Low Date | 2018-10-25 |