Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
S&P 500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP500-10102020)
Long-Term Uptrend (+90) - SP500-10102020 is in a strong uptrend that is likely to continue. While SP500-10102020 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 SP500-10102020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-10102020
The long-term trend has been UP since Nov 24th, 2020 at 241.79
The intermediate-term trend has been UP since Feb 10th, 2021 at 282.75
The short-term trend has been UP since Feb 2nd, 2021 at 255.60
Smart Scan Analysis for SP500-10102020
Based on our trend formula, SP500-10102020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||514.43||52wk High Date||2018-10-09|
|52wk Low||376.22||52wk Low Date||2018-02-09|