Index Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
S&P 500 Capital Goods (Industry Group) (CME:SP500-2010)
Long-Term Downtrend (-90) - SP500-2010 is in a strong downtrend that is likely to continue. While SP500-2010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-2010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2010
The long-term trend has been DOWN since Mar 15th, 2023 at 850.49
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 884.42
The short-term trend has been DOWN since Mar 8th, 2023 at 907.15
Smart Scan Analysis for SP500-2010
Based on our trend formula, SP500-2010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||739.39||52wk High Date||2018-01-29|
|52wk Low||587.07||52wk Low Date||2018-10-29|