Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
S&P 500 Health Care (Sector) (CME:SP500-35)
Weak Downtrend (-65) - SP500-35 is showing signs of a strengthening downtrend. Monitor SP500-35 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-35?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-35
The long-term trend has been UP since Jun 5th, 2020 at 1199.83
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 1331.46
The short-term trend has been DOWN since Feb 16th, 2021 at 1348.88
Smart Scan Analysis for SP500-35
Based on our trend formula, SP500-35 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1112.21||52wk High Date||2018-10-01|
|52wk Low||912.01||52wk Low Date||2018-04-02|