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Index Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
S&P 600 Chemicals (Industry) (CME:SP600-151010)
Countertrend Down (-85) - SP600-151010 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 SP600-151010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-151010.
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 SP600-151010
The long-term trend has been DOWN since Sep 11th, 2023 at 386.92
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 422.37
The short-term trend has been UP since Sep 28th, 2023 at 373.70
Smart Scan Analysis for SP600-151010
Based on our trend formula, SP600-151010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 377.90 | 377.98 | 370.91 | 371.33 | -4.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 371.33 | 8496100 | 2023-09-29 16:19:11 |
| 52wk High | 400.88 | 52wk High Date | 2018-09-21 |
| 52wk Low | 308.47 | 52wk Low Date | 2018-02-09 |