Index Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
S&P 500 Apparel, Accessories & Luxury Goods (Sub Ind) (CME:SP500-25203010)
Sidelines Mode (-55) - SP500-25203010 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 SP500-25203010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25203010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25203010
The long-term trend has been DOWN since Mar 15th, 2023 at 142.42
The intermediate-term trend has been DOWN since May 2nd, 2023 at 143.40
The short-term trend has been UP since Jun 2nd, 2023 at 140.58
Smart Scan Analysis for SP500-25203010
Based on our trend formula, SP500-25203010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||370.98||52wk High Date||2018-08-14|
|52wk Low||282.67||52wk Low Date||2018-11-20|