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Index Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

S&P 400 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP400-20106010)

Strong Downtrend (-100) - SP400-20106010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-20106010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP400-20106010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20106010.

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

CME_SP400-20106010
Open High Low SP400-20106010 Price Change
344.50 344.77 333.45 337.35 -10.04
Entry Signal

MarketClub’s Trade Triangles for SP400-20106010

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 402.61

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2022 at 397.29

short term down The short-term trend has been DOWN since May 20th, 2022 at 341.12

Smart Scan Analysis for SP400-20106010

Based on our trend formula, SP400-20106010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP400-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
344.50 344.77 333.45 337.35 -10.04
Prev. Close Volume Bid Ask Time
347.39 500472 2022-05-24 12:08:50
52wk High399.4552wk High Date2018-07-26
52wk Low284.7952wk Low Date2018-10-30
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