Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P 600 Metal & Glass Containers (Sub Ind) (CME:SP600-15103010)
Long-Term Downtrend (-90) - SP600-15103010 is in a strong downtrend that is likely to continue. While SP600-15103010 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 SP600-15103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-15103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-15103010
The long-term trend has been DOWN since Sep 20th, 2021 at 541.13
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 549.25
The short-term trend has been DOWN since Nov 26th, 2021 at 461.04
Smart Scan Analysis for SP600-15103010
Based on our trend formula, SP600-15103010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||735.37||52wk High Date||2018-09-21|
|52wk Low||436.5||52wk Low Date||2018-10-26|