Index Trend Analysis Report
Prepared for you on Tuesday, July 7, 2020.
S&P 600 Semiconductors (Sub Ind) (CME:SP600-45301020)
Long-Term Uptrend (+90) - SP600-45301020 is in a strong uptrend that is likely to continue. While SP600-45301020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP600-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-45301020
The long-term trend has been UP since May 28th, 2020 at 1162.00
The intermediate-term trend has been UP since Apr 6th, 2020 at 910.73
The short-term trend has been UP since Jun 30th, 2020 at 1192.66
Smart Scan Analysis for SP600-45301020
Based on our trend formula, SP600-45301020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||978.1||52wk High Date||2018-08-31|
|52wk Low||697.42||52wk Low Date||2018-10-26|