Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
S&P 600 Metal & Glass Containers (Sub Ind) (CME:SP600-15103010)
Strong Downtrend (-100) - SP600-15103010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-15103010 continues to fall. 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 Aug 2nd, 2023 at 703.50
The intermediate-term trend has been DOWN since Sep 7th, 2023 at 664.25
The short-term trend has been DOWN since Sep 21st, 2023 at 631.54
Smart Scan Analysis for SP600-15103010
Based on our trend formula, SP600-15103010 is rated as a -100 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|