Index Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
S&P 600 Information Technology (Sector) (CME:SP600-45)
Countertrend Up (+85) - SP600-45 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP600-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-45
The long-term trend has been UP since Jun 3rd, 2020 at 764.40
The intermediate-term trend has been UP since Jul 6th, 2020 at 771.26
The short-term trend has been DOWN since Jul 8th, 2020 at 747.75
Smart Scan Analysis for SP600-45
Based on our trend formula, SP600-45 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||785.11||52wk High Date||2018-08-31|
|52wk Low||622.59||52wk Low Date||2018-02-09|