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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.

CME_SP600-151010
Open High Low SP600-151010 Price Change
377.90 377.98 370.91 371.33 -4.42
Entry Signal

MarketClub’s Trade Triangles for SP600-151010

long term down The long-term trend has been DOWN since Sep 11th, 2023 at 386.92

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 422.37

short term up 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).

-85
Smart Scan Analysis for SP600-151010
Strong Downtrend Sideways 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 High400.8852wk High Date2018-09-21
52wk Low308.4752wk Low Date2018-02-09
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