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Index Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

S&P 600 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP600-3520)

Strong Downtrend (-100) - SP600-3520 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-3520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-3520.

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

CME_SP600-3520
Open High Low SP600-3520 Price Change
5631.41 5638.67 5573.05 5576.07 -61.84
Entry Signal

MarketClub’s Trade Triangles for SP600-3520

long term down The long-term trend has been DOWN since May 6th, 2021 at 5364.81

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 5503.19

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 5590.81

Smart Scan Analysis for SP600-3520

Based on our trend formula, SP600-3520 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5631.41 5638.67 5573.05 5576.07 -61.84
Prev. Close Volume Bid Ask Time
5637.91 18147286 2021-10-27 17:05:02
52wk High4678.552wk High Date2018-08-30
52wk Low2807.652wk Low Date2017-12-06
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