Index Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
S&P 500 Industrial Conglomerates (Sub Ind) (CME:SP500-20105010)
Long-Term Uptrend (+90) - SP500-20105010 is in a strong uptrend that is likely to continue. While SP500-20105010 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 SP500-20105010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20105010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20105010
The long-term trend has been UP since Oct 9th, 2020 at 295.73
The intermediate-term trend has been UP since Feb 22nd, 2021 at 359.11
The short-term trend has been UP since Feb 16th, 2021 at 356.71
Smart Scan Analysis for SP500-20105010
Based on our trend formula, SP500-20105010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||397.22||52wk High Date||2018-01-12|
|52wk Low||277.93||52wk Low Date||2018-11-26|