Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

S&P SmallCap 600 High Beta Index TR (CME:SP6HBIT)

Long-Term Uptrend (+90) - SP6HBIT is in a strong uptrend that is likely to continue. While SP6HBIT 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 SP6HBIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP6HBIT.

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

CME_SP6HBIT
Open High Low SP6HBIT Price Change
7194.22 7303.25 6958.35 7004.24 -219.80
Entry Signal

MarketClub’s Trade Triangles for SP6HBIT

long term up The long-term trend has been UP since Jul 16th, 2024 at 6959.09

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 6308.63

short term up The short-term trend has been UP since Jul 10th, 2024 at 6290.14

Smart Scan Analysis for SP6HBIT

Based on our trend formula, SP6HBIT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP6HBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7194.22 7303.25 6958.35 7004.24 -219.80
Prev. Close Volume Bid Ask Time
7004.24 0 2024-07-18 16:19:43
Get a free daily analysis and signals for S&P SmallCap 600 High Beta Index TR (SP6HBIT) - Request Your Free Report.