Index Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
S&P 400 Diversified Chemicals (Sub Ind) (CME:SP400-15101020)
Sidelines Mode (-55) - SP400-15101020 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 SP400-15101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-15101020
The long-term trend has been DOWN since Mar 15th, 2023 at 130.97
The intermediate-term trend has been UP since Jun 2nd, 2023 at 136.38
The short-term trend has been DOWN since Jun 8th, 2023 at 151.46
Smart Scan Analysis for SP400-15101020
Based on our trend formula, SP400-15101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||245.88||52wk High Date||2018-01-22|
|52wk Low||121.75||52wk Low Date||2018-11-28|