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Index Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

S&P 600 Financials (Sector) (CME:SP600-40)

Bear Market Rally (-75) - SP600-40 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-40 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP600-40?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-40.

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

CME_SP600-40
Open High Low SP600-40 Price Change
983.88 1009.07 983.88 1007.82 +27.68
Entry Signal

MarketClub’s Trade Triangles for SP600-40

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 1137.39

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1011.44

short term up The short-term trend has been UP since Jun 24th, 2022 at 986.95

Smart Scan Analysis for SP600-40

Based on our trend formula, SP600-40 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP600-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
983.88 1009.07 983.88 1007.82 +27.68
Prev. Close Volume Bid Ask Time
1007.82 116195198 2022-06-24 16:19:57
52wk High1172.1652wk High Date2018-08-21
52wk Low978.0352wk Low Date2018-10-25
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