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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.

CME_SP600-30101020
Open High Low SP600-30101020 Price Change
471.91 475.97 468.47 474.89 -2.25
Entry Signal

MarketClub’s Trade Triangles for SP600-30101020

long term up The long-term trend has been UP since Sep 28th, 2021 at 427.43

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2022 at 463.26

short term up 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).

+55
Smart Scan Analysis for SP600-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
471.91 475.97 468.47 474.89 -2.25
Prev. Close Volume Bid Ask Time
474.89 790530 2022-01-14 16:19:41
52wk High436.152wk High Date2018-08-09
52wk Low310.9852wk Low Date2018-05-08
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