Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)
Long-Term Downtrend (-90) - SP500-25 is in a strong downtrend that is likely to continue. While SP500-25 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 SP500-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-25
The long-term trend has been DOWN since Jan 21st, 2022 at 1416.31
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 1062.09
The short-term trend has been DOWN since Jun 29th, 2022 at 1094.02
Smart Scan Analysis for SP500-25
Based on our trend formula, SP500-25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1080.80 | 1099.61 | 1076.31 | 1098.96 | +21.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1098.96 | 376468863 | 2022-07-01 16:19:42 |
| 52wk High | 946.29 | 52wk High Date | 2018-10-01 |
| 52wk Low | 756.85 | 52wk Low Date | 2017-12-01 |