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Index Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

S&P 600 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP600-20106010)

Strong Downtrend (-100) - SP600-20106010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-20106010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-20106010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20106010.

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

CME_SP600-20106010
Open High Low SP600-20106010 Price Change
951.56 951.56 936.00 942.26 -11.30
Entry Signal

MarketClub’s Trade Triangles for SP600-20106010

long term down The long-term trend has been DOWN since Feb 4th, 2022 at 955.32

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2022 at 1015.81

short term down The short-term trend has been DOWN since May 20th, 2022 at 950.34

Smart Scan Analysis for SP600-20106010

Based on our trend formula, SP600-20106010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
951.56 951.56 936.00 942.26 -11.30
Prev. Close Volume Bid Ask Time
953.56 959055 2022-05-24 12:07:56
52wk High1002.0152wk High Date2018-01-31
52wk Low732.252wk Low Date2018-10-29
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