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Index Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

S&P 600 General Merchandise Stores (Sub Ind) (CME:SP600-25503020)

Strong Downtrend (-100) - SP600-25503020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-25503020 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-25503020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25503020.

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

CME_SP600-25503020
Open High Low SP600-25503020 Price Change
121.76 123.26 118.89 120.31 -2.98
Entry Signal

MarketClub’s Trade Triangles for SP600-25503020

long term down The long-term trend has been DOWN since Jul 16th, 2021 at 166.63

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 119.60

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 132.26

Smart Scan Analysis for SP600-25503020

Based on our trend formula, SP600-25503020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-25503020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.76 123.26 118.89 120.31 -2.98
Prev. Close Volume Bid Ask Time
120.31 0 2022-01-18 16:19:53
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