Index Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
S&P 400 Trading Companies & Distributors (Sub Ind) (CME:SP400-20107010)
Weak Downtrend (-65) - SP400-20107010 is showing signs of a strengthening downtrend. Monitor SP400-20107010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP400-20107010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20107010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20107010
The long-term trend has been UP since Aug 12th, 2022 at 1964.45
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 2279.37
The short-term trend has been DOWN since Sep 21st, 2023 at 2285.08
Smart Scan Analysis for SP400-20107010
Based on our trend formula, SP400-20107010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1494.17||52wk High Date||2018-09-19|
|52wk Low||1204.45||52wk Low Date||2018-10-29|