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Index Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

S&P 600 Road & Rail (Industry) (CME:SP600-203040)

Long-Term Uptrend (+90) - SP600-203040 is in a strong uptrend that is likely to continue. While SP600-203040 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 SP600-203040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-203040.

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

CME_SP600-203040
Open High Low SP600-203040 Price Change
3116.01 3244.06 3097.53 3205.75 -54.05
Entry Signal

MarketClub’s Trade Triangles for SP600-203040

long term up The long-term trend has been UP since Feb 1st, 2023 at 3099.49

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2023 at 2842.60

short term up The short-term trend has been UP since Jan 23rd, 2023 at 2885.12

Smart Scan Analysis for SP600-203040

Based on our trend formula, SP600-203040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP600-203040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3116.01 3244.06 3097.53 3205.75 -54.05
Prev. Close Volume Bid Ask Time
2951.63 2938910 2023-02-03 16:54:17
52wk High1413.0952wk High Date2018-01-26
52wk Low1014.7652wk Low Date2018-10-26
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