Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 600 Metals & Mining (Industry) (CME:SP600-151040)
Bull Market Weakness (+75) - SP600-151040 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-151040 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-151040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-151040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-151040
The long-term trend has been DOWN since Feb 21st, 2020 at 165.29
The intermediate-term trend has been UP since May 21st, 2020 at 121.66
The short-term trend has been UP since May 18th, 2020 at 109.75
Smart Scan Analysis for SP600-151040
Based on our trend formula, SP600-151040 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||289.68||52wk High Date||2018-01-24|
|52wk Low||188.9||52wk Low Date||2018-11-28|