Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
S&P 400 -Forest Products (Sub Ind) (CME:SP400-15105010)
Long-Term Downtrend (-90) - SP400-15105010 is in a strong downtrend that is likely to continue. While SP400-15105010 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 SP400-15105010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15105010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-15105010
The long-term trend has been DOWN since Jun 16th, 2022 at 290.06
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 320.46
The short-term trend has been DOWN since Jun 8th, 2022 at 371.60
Smart Scan Analysis for SP400-15105010
Based on our trend formula, SP400-15105010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||168.17||52wk High Date||2018-09-12|
|52wk Low||109.54||52wk Low Date||2018-10-26|