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Index Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)

Crossroads (-60) - SP500-3020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-3020
Open High Low SP500-3020 Price Change
816.76 821.12 805.33 818.51 +5.79
Entry Signal

MarketClub’s Trade Triangles for SP500-3020

long term up The long-term trend has been UP since Dec 13th, 2021 at 788.18

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2022 at 857.15

short term down The short-term trend has been DOWN since May 18th, 2022 at 849.95

Smart Scan Analysis for SP500-3020

Based on our trend formula, SP500-3020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
816.76 821.12 805.33 818.51 +5.79
Prev. Close Volume Bid Ask Time
818.51 123070436 2022-05-20 17:03:15
52wk High742.9452wk High Date2018-01-29
52wk Low604.6752wk Low Date2018-05-15
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