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Index Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
S&P 600 Materials (Sector) (CME:SP600-15)
Long-Term Downtrend (-90) - SP600-15 is in a strong downtrend that is likely to continue. While SP600-15 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 SP600-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-15.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-15
The long-term trend has been DOWN since Aug 5th, 2024 at 750.48
The intermediate-term trend has been DOWN since Sep 5th, 2024 at 757.42
The short-term trend has been DOWN since Sep 3rd, 2024 at 790.53
Smart Scan Analysis for SP600-15
Based on our trend formula, SP600-15 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 733.97 | 740.45 | 721.06 | 739.83 | +2.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 739.83 | 15230739 | 2024-09-11 17:00:24 |
| 52wk High | 578.79 | 52wk High Date | 2018-09-21 |
| 52wk Low | 453.75 | 52wk Low Date | 2018-11-28 |