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Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P 400 (CME:SP400)
Long-Term Uptrend (+90) - SP400 is in a strong uptrend that is likely to continue. While SP400 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 SP400?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP400
The long-term trend has been UP since Sep 2nd, 2021 at 2775.67
The intermediate-term trend has been UP since Oct 14th, 2021 at 2737.63
The short-term trend has been UP since Oct 14th, 2021 at 2711.91
Smart Scan Analysis for SP400
Based on our trend formula, SP400 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2796.86 | 2812.36 | 2785.10 | 2796.84 | +3.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2796.84 | 387241934 | 2021-10-22 16:19:21 |
| 52wk High | 2053.06 | 52wk High Date | 2018-08-27 |
| 52wk Low | 1769.25 | 52wk Low Date | 2018-10-29 |