Index Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
S&P 600 Food Distributors (Sub Ind) (CME:SP600-30101020)
Sidelines Mode (+55) - SP600-30101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP600-30101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-30101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-30101020
The long-term trend has been UP since Sep 28th, 2021 at 427.43
The intermediate-term trend has been DOWN since Jan 11th, 2022 at 463.26
The short-term trend has been UP since Jan 13th, 2022 at 480.15
Smart Scan Analysis for SP600-30101020
Based on our trend formula, SP600-30101020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||436.1||52wk High Date||2018-08-09|
|52wk Low||310.98||52wk Low Date||2018-05-08|