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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 600 Electrical Components & Equipment (Sub Ind) (CME:SP600-20104010)

Long-Term Downtrend (-90) - SP600-20104010 is in a strong downtrend that is likely to continue. While SP600-20104010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-20104010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20104010.

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

CME_SP600-20104010
Open High Low SP600-20104010 Price Change
7713.96 7811.44 7605.88 7799.69 +57.86
Entry Signal

MarketClub’s Trade Triangles for SP600-20104010

long term down The long-term trend has been DOWN since Dec 10th, 2024 at 8200.53

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 8907.69

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 8697.04

Smart Scan Analysis for SP600-20104010

Based on our trend formula, SP600-20104010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-20104010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7713.96 7811.44 7605.88 7799.69 +57.86
Prev. Close Volume Bid Ask Time
7799.69 3399369 2024-12-24 13:19:56
52wk High1550.6452wk High Date2018-08-09
52wk Low959.9752wk Low Date2017-12-01
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