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Index Trend Analysis Report

Prepared for you on Thursday, September 12, 2024.

S&P 600 Automobiles (Industry) (CME:SP600-251020)

Long-Term Downtrend (-90) - SP600-251020 is in a strong downtrend that is likely to continue. While SP600-251020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

CME_SP600-251020
Open High Low SP600-251020 Price Change
307.99 312.95 302.67 312.78 +0.62
Entry Signal

MarketClub’s Trade Triangles for SP600-251020

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 364.05

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 318.22

short term down The short-term trend has been DOWN since Aug 30th, 2024 at 336.08

Smart Scan Analysis for SP600-251020

Based on our trend formula, SP600-251020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
307.99 312.95 302.67 312.78 +0.62
Prev. Close Volume Bid Ask Time
312.78 346119 2024-09-11 17:00:24
52wk High331.5452wk High Date2017-12-20
52wk Low133.9252wk Low Date2018-11-28
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