Index Trend Analysis Report
Prepared for you on Sunday, October 2, 2022.
S&P 600 Application Software (Sub Ind) (CME:SP600-45103010)
Countertrend Down (-85) - SP600-45103010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP600-45103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-45103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-45103010
The long-term trend has been DOWN since Sep 23rd, 2022 at 2232.86
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 2666.98
The short-term trend has been UP since Sep 28th, 2022 at 2327.42
Smart Scan Analysis for SP600-45103010
Based on our trend formula, SP600-45103010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2159.29||52wk High Date||2018-10-01|
|52wk Low||1606.53||52wk Low Date||2018-11-20|