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Index Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
S&P 500 Energy (Sector) (CME:SP500-10)
Long-Term Uptrend (+90) - SP500-10 is in a strong uptrend that is likely to continue. While SP500-10 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 SP500-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.
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 SP500-10
The long-term trend has been UP since Oct 4th, 2021 at 417.85
The intermediate-term trend has been UP since Sep 23rd, 2021 at 376.26
The short-term trend has been UP since Sep 23rd, 2021 at 374.87
Smart Scan Analysis for SP500-10
Based on our trend formula, SP500-10 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 432.43 | 438.73 | 432.43 | 434.44 | +2.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 434.44 | 173944172 | 2021-10-15 16:46:29 |
| 52wk High | 583.43 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.92 | 52wk Low Date | 2018-11-23 |