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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P SmallCap 600 Capped Utilities & Telecom Services (sector) Index (CME:SP600CUTTL)

Long-Term Downtrend (-90) - SP600CUTTL is in a strong downtrend that is likely to continue. While SP600CUTTL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600CUTTL?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600CUTTL.

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

CME_SP600CUTTL
Open High Low SP600CUTTL Price Change
616.35 625.48 616.35 621.90 +5.55
Entry Signal

MarketClub’s Trade Triangles for SP600CUTTL

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 632.88

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2024 at 644.72

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 637.04

Smart Scan Analysis for SP600CUTTL

Based on our trend formula, SP600CUTTL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600CUTTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
616.35 625.48 616.35 621.90 +5.55
Prev. Close Volume Bid Ask Time
621.90 0 2024-04-18 16:19:45
52wk High735.2352wk High Date2018-10-09
52wk Low606.5552wk Low Date2018-02-09
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