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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P 600 Air Freight & Logistics (Sub Ind) (CME:SP600-20301010)

Long-Term Downtrend (-90) - SP600-20301010 is in a strong downtrend that is likely to continue. While SP600-20301010 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 SP600-20301010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20301010.

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

CME_SP600-20301010
Open High Low SP600-20301010 Price Change
819.30 819.47 794.52 811.82 -8.98
Entry Signal

MarketClub’s Trade Triangles for SP600-20301010

long term down The long-term trend has been DOWN since Feb 29th, 2024 at 1034.27

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2024 at 830.27

short term down The short-term trend has been DOWN since May 16th, 2024 at 849.80

Smart Scan Analysis for SP600-20301010

Based on our trend formula, SP600-20301010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-20301010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
819.30 819.47 794.52 811.82 -8.98
Prev. Close Volume Bid Ask Time
811.82 2298462 2024-05-23 16:19:56
52wk High959.0152wk High Date2018-06-22
52wk Low736.3552wk Low Date2018-10-25
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