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Index Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

S&P 600 Communications Equipment (Sub Ind) (CME:SP600-45201020)

Bull Market Weakness (+75) - SP600-45201020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-45201020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP600-45201020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-45201020.

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

CME_SP600-45201020
Open High Low SP600-45201020 Price Change
68.90 68.97 67.48 68.05 +0.85
Entry Signal

MarketClub’s Trade Triangles for SP600-45201020

long term down The long-term trend has been DOWN since Sep 25th, 2020 at 56.57

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 61.02

short term up The short-term trend has been UP since Oct 19th, 2020 at 65.60

Smart Scan Analysis for SP600-45201020

Based on our trend formula, SP600-45201020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP600-45201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.90 68.97 67.48 68.05 +0.85
Prev. Close Volume Bid Ask Time
59.96 3353817 2020-10-21 12:31:41
52wk High82.8152wk High Date2018-08-29
52wk Low65.6352wk Low Date2018-10-29
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