Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P 600 Consumer Finance (Sub Ind) (CME:SP600-40202010)
Long-Term Downtrend (-90) - SP600-40202010 is in a strong downtrend that is likely to continue. While SP600-40202010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-40202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-40202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-40202010
The long-term trend has been DOWN since Dec 1st, 2021 at 5537.60
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 5847.35
The short-term trend has been DOWN since Jan 19th, 2022 at 5943.82
Smart Scan Analysis for SP600-40202010
Based on our trend formula, SP600-40202010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4872.14||52wk High Date||2018-07-23|
|52wk Low||3527.26||52wk Low Date||2017-12-01|