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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P 600 Banks (Industry) (CME:SP600-401010)

Crossroads (+60) - SP600-401010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP600-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-401010.

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

CME_SP600-401010
Open High Low SP600-401010 Price Change
572.70 574.59 568.12 570.83 +6.27
Entry Signal

MarketClub’s Trade Triangles for SP600-401010

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 541.63

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 569.37

short term up The short-term trend has been UP since May 1st, 2024 at 560.51

Smart Scan Analysis for SP600-401010

Based on our trend formula, SP600-401010 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP600-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
572.70 574.59 568.12 570.83 +6.27
Prev. Close Volume Bid Ask Time
570.83 19776113 2024-05-03 16:20:11
52wk High715.2152wk High Date2018-08-21
52wk Low571.2852wk Low Date2018-10-24
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