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Index Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

S&P 500 Materials (Sector) (CME:SP500-15)

Sidelines Mode (+55) - SP500-15 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.

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

CME_SP500-15
Open High Low SP500-15 Price Change
465.38 467.18 458.37 461.11 -6.29
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term up The long-term trend has been UP since Jun 2nd, 2020 at 355.56

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 469.90

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 464.49

Smart Scan Analysis for SP500-15

Based on our trend formula, SP500-15 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
465.38 467.18 458.37 461.11 -6.29
Prev. Close Volume Bid Ask Time
461.11 116033632 2021-02-26 17:04:51
52wk High402.1152wk High Date2018-01-26
52wk Low313.4752wk Low Date2018-10-26
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