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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

S&P 600 Steel (Sub Ind) (CME:SP600-15104050)

Strong Uptrend (+100) - SP600-15104050 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP600-15104050 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SP600-15104050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-15104050.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP600-15104050
Open High Low SP600-15104050 Price Change
419.46 425.53 419.46 424.99 +5.12
Entry Signal

MarketClub’s Trade Triangles for SP600-15104050

long term up The long-term trend has been UP since Nov 14th, 2023 at 317.94

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 378.68

short term up The short-term trend has been UP since May 16th, 2024 at 416.70

Smart Scan Analysis for SP600-15104050

Based on our trend formula, SP600-15104050 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP600-15104050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
419.46 425.53 419.46 424.99 +5.12
Prev. Close Volume Bid Ask Time
424.99 3145975 2024-05-21 17:09:15
52wk High235.0752wk High Date2018-01-17
52wk Low136.6552wk Low Date2018-11-28
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