Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P 600 Information Technology (Sector) (CME:SP600-45)
Weak Downtrend (-65) - SP600-45 is showing signs of a strengthening downtrend. Monitor SP600-45 as it may be building momentum to the downside.
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 28th, 2021 at 1259.84
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 1253.13
The short-term trend has been DOWN since Jan 14th, 2022 at 1270.26
Smart Scan Analysis for SP600-45
Based on our trend formula, SP600-45 is rated as a -70 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|