Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P 600 Automobiles (Industry) (CME:SP600-251020)
Bull Market Weakness (+75) - SP600-251020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-251020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-251020
The long-term trend has been UP since Oct 1st, 2021 at 429.59
The intermediate-term trend has been UP since Sep 28th, 2021 at 413.04
The short-term trend has been UP since Oct 14th, 2021 at 439.34
Smart Scan Analysis for SP600-251020
Based on our trend formula, SP600-251020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||331.54||52wk High Date||2017-12-20|
|52wk Low||133.92||52wk Low Date||2018-11-28|