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Index Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)

Sidelines Mode (-55) - SP500-3520 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 SP500-3520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.

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

CME_SP500-3520
Open High Low SP500-3520 Price Change
1193.90 1194.30 1182.92 1192.07 +1.75
Entry Signal

MarketClub’s Trade Triangles for SP500-3520

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 1171.51

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 1243.85

short term up The short-term trend has been UP since Oct 15th, 2021 at 1171.95

Smart Scan Analysis for SP500-3520

Based on our trend formula, SP500-3520 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1193.90 1194.30 1182.92 1192.07 +1.75
Prev. Close Volume Bid Ask Time
1190.32 79509175 2021-10-21 16:19:53
52wk High941.9252wk High Date2018-10-03
52wk Low775.1352wk Low Date2018-05-03
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