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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.

CME_SP500-25
Open High Low SP500-25 Price Change
1080.80 1099.61 1076.31 1098.96 +21.18
Entry Signal

MarketClub’s Trade Triangles for SP500-25

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 1416.31

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 1062.09

short term down 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).

-90
Smart Scan Analysis for SP500-25
Strong Downtrend Sideways 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 High946.2952wk High Date2018-10-01
52wk Low756.8552wk Low Date2017-12-01
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