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Index Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

S&P 600 Homebuilding (Sub Ind) (CME:SP600-25201030)

Long-Term Downtrend (-90) - SP600-25201030 is in a strong downtrend that is likely to continue. While SP600-25201030 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 SP600-25201030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25201030.

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

CME_SP600-25201030
Open High Low SP600-25201030 Price Change
1241.15 1244.42 1200.78 1213.30 -14.46
Entry Signal

MarketClub’s Trade Triangles for SP600-25201030

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 1482.90

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2022 at 1167.90

short term down The short-term trend has been DOWN since May 20th, 2022 at 1205.43

Smart Scan Analysis for SP600-25201030

Based on our trend formula, SP600-25201030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-25201030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1241.15 1244.42 1200.78 1213.30 -14.46
Prev. Close Volume Bid Ask Time
1227.76 1484215 2022-05-23 14:25:56
52wk High884.2452wk High Date2018-01-09
52wk Low543.552wk Low Date2018-10-23
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