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Index Trend Analysis Report

Prepared for you on Thursday, April 15, 2021.

S&P 400 Steel (Sub Ind) (CME:SP400-15104050)

Long-Term Uptrend (+90) - SP400-15104050 is in a strong uptrend that is likely to continue. While SP400-15104050 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP400-15104050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15104050.

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

CME_SP400-15104050
Open High Low SP400-15104050 Price Change
261.16 262.49 253.90 254.39 -4.48
Entry Signal

MarketClub’s Trade Triangles for SP400-15104050

long term up The long-term trend has been UP since Aug 11th, 2020 at 155.72

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 200.41

short term up The short-term trend has been UP since Apr 14th, 2021 at 261.70

Smart Scan Analysis for SP400-15104050

Based on our trend formula, SP400-15104050 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP400-15104050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
261.16 262.49 253.90 254.39 -4.48
Prev. Close Volume Bid Ask Time
258.87 31884352 2021-04-15 13:27:39
52wk High255.4552wk High Date2018-02-20
52wk Low175.3452wk Low Date2018-11-28
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