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.
MarketClub’s Trade Triangles for SP600-20106010
The long-term trend has been DOWN since Feb 4th, 2022 at 955.32
The intermediate-term trend has been DOWN since Apr 4th, 2022 at 1015.81
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).
|52wk High||1002.01||52wk High Date||2018-01-31|
|52wk Low||732.2||52wk Low Date||2018-10-29|