Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P 600 Aerospace & Defense (Sub Ind) (CME:SP600-20101010)
Strong Downtrend (-100) - SP600-20101010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-20101010 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-20101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-20101010
The long-term trend has been DOWN since Nov 30th, 2021 at 534.72
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 556.82
The short-term trend has been DOWN since Jan 7th, 2022 at 573.82
Smart Scan Analysis for SP600-20101010
Based on our trend formula, SP600-20101010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||601.2||52wk High Date||2018-09-18|
|52wk Low||403.81||52wk Low Date||2018-02-06|