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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

S&P 600 - Biotechnology (Industry) (CME:SP600-352010)

Strong Downtrend (-100) - SP600-352010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-352010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-352010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-352010.

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

CME_SP600-352010
Open High Low SP600-352010 Price Change
2902.34 2913.33 2776.80 2783.67 -92.21
Entry Signal

MarketClub’s Trade Triangles for SP600-352010

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 3501.50

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2022 at 3274.13

short term down The short-term trend has been DOWN since Jan 27th, 2022 at 2809.28

Smart Scan Analysis for SP600-352010

Based on our trend formula, SP600-352010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-352010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2902.34 2913.33 2776.80 2783.67 -92.21
Prev. Close Volume Bid Ask Time
2783.67 22536633 2022-01-27 17:00:07
52wk High2748.3352wk High Date2018-08-30
52wk Low1757.4152wk Low Date2017-12-06
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