Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)
Weak Downtrend (-65) - SP500-101020 is showing signs of a strengthening downtrend. Monitor SP500-101020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-101020
The long-term trend has been UP since Oct 4th, 2021 at 465.17
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 698.60
The short-term trend has been DOWN since Jun 10th, 2022 at 757.16
Smart Scan Analysis for SP500-101020
Based on our trend formula, SP500-101020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||622.61||52wk High Date||2018-10-09|
|52wk Low||498.8||52wk Low Date||2018-02-09|