Free Daily Analysis

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.

CME_SP600-40
Open High Low SP600-40 Price Change
822.61 827.02 818.91 823.80 -5.18
Entry Signal

MarketClub’s Trade Triangles for SP600-40

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 1054.54

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2020 at 783.32

short term down 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).

-55
Smart Scan Analysis for SP600-40
Strong Downtrend Sideways 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 High1172.1652wk High Date2018-08-21
52wk Low978.0352wk Low Date2018-10-25
Get a free daily analysis and signals for S&P 600 Financials (Sector) (SP600-40) - Request Your Free Report.