Index Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
S&P 600 - Computer & Electronics Retail (Sub Ind) (CME:SP600-25504020)
Bear Market Rally (-75) - SP600-25504020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-25504020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP600-25504020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25504020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-25504020
The long-term trend has been DOWN since Oct 1st, 2021 at 495.02
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 404.49
The short-term trend has been UP since Jan 25th, 2022 at 419.84
Smart Scan Analysis for SP600-25504020
Based on our trend formula, SP600-25504020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||115.91||52wk High Date||2018-08-22|
|52wk Low||63.06||52wk Low Date||2018-03-02|