Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
S&P 600 Real Estate (Sector) (CME:SP600-60)
Bull Market Weakness (+75) - SP600-60 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-60 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-60
The long-term trend has been DOWN since Dec 1st, 2021 at 206.63
The intermediate-term trend has been UP since Jul 25th, 2022 at 172.28
The short-term trend has been UP since Aug 8th, 2022 at 177.35
Smart Scan Analysis for SP600-60
Based on our trend formula, SP600-60 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||225.6||52wk High Date||2017-12-06|
|52wk Low||172.73||52wk Low Date||2018-02-12|