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Index Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

S&P 500 (CME:SP500)

Long-Term Uptrend (+90) - SP500 is in a strong uptrend that is likely to continue. While SP500 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 SP500?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500.

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

CME_SP500
Open High Low SP500 Price Change
4280.40 4302.18 4253.08 4274.04 -31.16
Entry Signal

MarketClub’s Trade Triangles for SP500

long term up The long-term trend has been UP since Aug 16th, 2022 at 4307.66

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2022 at 3945.86

short term up The short-term trend has been UP since Jul 27th, 2022 at 4012.44

Smart Scan Analysis for SP500

Based on our trend formula, SP500 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4280.40 4302.18 4253.08 4274.04 -31.16
Prev. Close Volume Bid Ask Time
4274.04 1850170178 2022-08-17 16:18:36
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
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