Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
S&P 600 Construction & Engineering (Sub Ind) (CME:SP600-20103010)
Weak Downtrend (-65) - SP600-20103010 is showing signs of a strengthening downtrend. Monitor SP600-20103010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP600-20103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-20103010
The long-term trend has been UP since Jun 5th, 2020 at 461.63
The intermediate-term trend has been DOWN since Oct 27th, 2020 at 481.07
The short-term trend has been DOWN since Oct 26th, 2020 at 508.83
Smart Scan Analysis for SP600-20103010
Based on our trend formula, SP600-20103010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||530.99||52wk High Date||2018-07-27|
|52wk Low||392.8||52wk Low Date||2018-04-02|