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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P 600 Utilities (Industry Group) (CME:SP600-5510)

Sidelines Mode (-55) - SP600-5510 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP600-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-5510.

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

CME_SP600-5510
Open High Low SP600-5510 Price Change
916.50 936.60 916.50 936.26 +26.37
Entry Signal

MarketClub’s Trade Triangles for SP600-5510

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 928.59

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2024 at 990.60

short term up The short-term trend has been UP since Mar 27th, 2024 at 924.39

Smart Scan Analysis for SP600-5510

Based on our trend formula, SP600-5510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP600-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
916.50 936.60 916.50 936.26 +26.37
Prev. Close Volume Bid Ask Time
936.26 5970941 2024-03-27 16:20:11
52wk High1030.4652wk High Date2018-11-20
52wk Low84352wk Low Date2018-02-06
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