Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
S&P 600 Trucking (Sub Ind) (CME:SP600-20304020)
Long-Term Uptrend (+90) - SP600-20304020 is in a strong uptrend that is likely to continue. While SP600-20304020 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 SP600-20304020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20304020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-20304020
The long-term trend has been UP since Sep 21st, 2021 at 2566.10
The intermediate-term trend has been UP since Sep 21st, 2021 at 2519.33
The short-term trend has been UP since Oct 18th, 2021 at 2754.10
Smart Scan Analysis for SP600-20304020
Based on our trend formula, SP600-20304020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1361.92||52wk High Date||2018-01-26|
|52wk Low||978.01||52wk Low Date||2018-10-26|