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Index Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
S&P 400 Consumer Discretionary (Sector) (CME:SP400-25)
Long-Term Downtrend (-90) - SP400-25 is in a strong downtrend that is likely to continue. While SP400-25 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 SP400-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25.
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 SP400-25
The long-term trend has been DOWN since Dec 17th, 2021 at 1246.88
The intermediate-term trend has been DOWN since Apr 7th, 2022 at 1073.59
The short-term trend has been DOWN since May 19th, 2022 at 982.29
Smart Scan Analysis for SP400-25
Based on our trend formula, SP400-25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 994.88 | 1000.34 | 947.08 | 975.07 | -9.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 975.07 | 156965198 | 2022-05-20 17:03:15 |
| 52wk High | 848.95 | 52wk High Date | 2018-01-24 |
| 52wk Low | 686.56 | 52wk Low Date | 2018-10-26 |