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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P SmallCap 600 Equal Weighted Index (CME:SP600EW)

Long-Term Uptrend (+90) - SP600EW is in a strong uptrend that is likely to continue. While SP600EW 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 SP600EW?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600EW.

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

CME_SP600EW
Open High Low SP600EW Price Change
1574.41 1591.69 1574.41 1584.63 +10.22
Entry Signal

MarketClub’s Trade Triangles for SP600EW

long term up The long-term trend has been UP since Dec 13th, 2023 at 1492.25

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 1568.11

short term up The short-term trend has been UP since Mar 27th, 2024 at 1566.58

Smart Scan Analysis for SP600EW

Based on our trend formula, SP600EW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP600EW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1574.41 1591.69 1574.41 1584.63 +10.22
Prev. Close Volume Bid Ask Time
1584.63 0 2024-03-28 16:19:30
52wk High1368.2652wk High Date2017-12-06
52wk Low1031.1852wk Low Date2018-02-09
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