Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
S&P 600 Marine (Sub Ind) (CME:SP600-20303010)
Long-Term Uptrend (+90) - SP600-20303010 is in a strong uptrend that is likely to continue. While SP600-20303010 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 SP600-20303010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20303010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-20303010
The long-term trend has been UP since Jul 10th, 2020 at 146.29
The intermediate-term trend has been UP since Jul 10th, 2020 at 131.35
The short-term trend has been UP since Aug 3rd, 2020 at 154.26
Smart Scan Analysis for SP600-20303010
Based on our trend formula, SP600-20303010 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|