Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
S&P 600 Restaurants (Sub Ind) (CME:SP600-25301040)
Countertrend Up (+85) - SP600-25301040 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP600-25301040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25301040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-25301040
The long-term trend has been UP since Aug 10th, 2020 at 1258.01
The intermediate-term trend has been UP since Jan 6th, 2021 at 1806.13
The short-term trend has been DOWN since Mar 4th, 2021 at 2366.23
Smart Scan Analysis for SP600-25301040
Based on our trend formula, SP600-25301040 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1607.2||52wk High Date||2018-10-01|
|52wk Low||1062.08||52wk Low Date||2017-12-01|