Index Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
S&P 500 Retailing (Industry Group) (CME:SP500-2550)
Bull Market Weakness (+75) - SP500-2550 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-2550 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-2550?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2550.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2550
The long-term trend has been DOWN since Oct 3rd, 2023 at 3294.28
The intermediate-term trend has been UP since Nov 1st, 2023 at 3453.32
The short-term trend has been UP since Dec 1st, 2023 at 3719.58
Smart Scan Analysis for SP500-2550
Based on our trend formula, SP500-2550 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2459.59||52wk High Date||2018-10-01|
|52wk Low||1657.5||52wk Low Date||2017-12-01|