Index Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
S&P 600 Oil, Gas & Consumable Fuels (Industry) (CME:SP600-101020)
Sidelines Mode (-55) - SP600-101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 4th, 2021 at 379.70
The intermediate-term trend has been DOWN since Nov 17th, 2021 at 388.46
The short-term trend has been UP since Dec 7th, 2021 at 359.25
Smart Scan Analysis for SP600-101020
Based on our trend formula, SP600-101020 is rated as a -55 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|