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Index Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

S&P 600 Materials (Sector) (CME:SP600-15)

Countertrend Down (-85) - SP600-15 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

CME_SP600-15
Open High Low SP600-15 Price Change
612.65 617.68 607.97 612.29 +3.65
Entry Signal

MarketClub’s Trade Triangles for SP600-15

long term down The long-term trend has been DOWN since May 9th, 2022 at 641.09

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 646.36

short term up The short-term trend has been UP since Jun 24th, 2022 at 604.14

Smart Scan Analysis for SP600-15

Based on our trend formula, SP600-15 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP600-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.65 617.68 607.97 612.29 +3.65
Prev. Close Volume Bid Ask Time
612.29 15656383 2022-06-27 17:12:16
52wk High578.7952wk High Date2018-09-21
52wk Low453.7552wk Low Date2018-11-28
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