Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
S&P 600 Oil, Gas & Consumable Fuels (Industry) (CME:SP600-101020)
Bear Market Rally (-75) - SP600-101020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-101020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP600-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-101020
The long-term trend has been DOWN since Jan 3rd, 2023 at 453.82
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 454.30
The short-term trend has been UP since Mar 27th, 2023 at 446.68
Smart Scan Analysis for SP600-101020
Based on our trend formula, SP600-101020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||735.77||52wk High Date||2018-05-22|
|52wk Low||419.9||52wk Low Date||2018-11-28|