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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.

CME_SP400-25
Open High Low SP400-25 Price Change
994.88 1000.34 947.08 975.07 -9.57
Entry Signal

MarketClub’s Trade Triangles for SP400-25

long term down The long-term trend has been DOWN since Dec 17th, 2021 at 1246.88

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2022 at 1073.59

short term down 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).

-90
Smart Scan Analysis for SP400-25
Strong Downtrend Sideways 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 High848.9552wk High Date2018-01-24
52wk Low686.5652wk Low Date2018-10-26
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