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Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)
Long-Term Uptrend (+90) - SP500-101020 is in a strong uptrend that is likely to continue. While SP500-101020 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 SP500-101020?
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.
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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 UP since Sep 22nd, 2021 at 418.31
The short-term trend has been UP since Oct 15th, 2021 at 483.31
Smart Scan Analysis for SP500-101020
Based on our trend formula, SP500-101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 486.75 | 487.99 | 482.95 | 482.96 | +1.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 482.96 | 134230700 | 2021-10-15 16:46:29 |
| 52wk High | 622.61 | 52wk High Date | 2018-10-09 |
| 52wk Low | 498.8 | 52wk Low Date | 2018-02-09 |