Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P 600 Marine (Industry) (CME:SP600-203030)
Long-Term Uptrend (+90) - SP600-203030 is in a strong uptrend that is likely to continue. While SP600-203030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP600-203030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-203030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-203030
The long-term trend has been UP since May 23rd, 2023 at 300.70
The intermediate-term trend has been UP since Nov 17th, 2023 at 404.32
The short-term trend has been UP since Dec 1st, 2023 at 404.78
Smart Scan Analysis for SP600-203030
Based on our trend formula, SP600-203030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||177.05||52wk High Date||2018-11-06|
|52wk Low||117||52wk Low Date||2017-12-14|