Index Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
S&P 600 -Internet & Direct Marketing Retail (Sub Ind) (CME:SP600-25502020)
Bear Market Rally (-75) - SP600-25502020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-25502020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP600-25502020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25502020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-25502020
The long-term trend has been DOWN since Dec 2nd, 2021 at 127.70
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 134.69
The short-term trend has been UP since Dec 7th, 2021 at 129.78
Smart Scan Analysis for SP600-25502020
Based on our trend formula, SP600-25502020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.8||52wk High Date||2018-06-20|
|52wk Low||44.28||52wk Low Date||2018-11-20|