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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

S&P 600 Food Beverage & Tobacco (Industry Group) (CME:SP600-3020)

Strong Downtrend (-100) - SP600-3020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-3020 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-3020.

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

CME_SP600-3020
Open High Low SP600-3020 Price Change
2772.66 2789.78 2768.95 2777.87 -18.85
Entry Signal

MarketClub’s Trade Triangles for SP600-3020

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 2736.56

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 2775.79

short term down The short-term trend has been DOWN since May 22nd, 2024 at 2857.31

Smart Scan Analysis for SP600-3020

Based on our trend formula, SP600-3020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2772.66 2789.78 2768.95 2777.87 -18.85
Prev. Close Volume Bid Ask Time
2796.72 702489 2024-05-29 10:25:56
52wk High2475.9652wk High Date2018-07-06
52wk Low2031.1452wk Low Date2018-05-03
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