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Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

S&P 600 Paper & Forest Products (Industry) (CME:SP600-151050)

Long-Term Uptrend (+90) - SP600-151050 is in a strong uptrend that is likely to continue. While SP600-151050 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP600-151050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-151050.

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

CME_SP600-151050
Open High Low SP600-151050 Price Change
709.74 710.17 703.14 707.01 -2.86
Entry Signal

MarketClub’s Trade Triangles for SP600-151050

long term up The long-term trend has been UP since Dec 4th, 2020 at 536.08

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 664.85

short term up The short-term trend has been UP since May 3rd, 2021 at 651.68

Smart Scan Analysis for SP600-151050

Based on our trend formula, SP600-151050 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP600-151050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
709.74 710.17 703.14 707.01 -2.86
Prev. Close Volume Bid Ask Time
709.87 1155186 2021-05-18 13:21:41
52wk High670.8652wk High Date2018-01-29
52wk Low457.7152wk Low Date2018-11-28
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