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Index Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

S&P 500 Banks (Industry Group) (CME:SP500-4010)

Countertrend Up (+85) - SP500-4010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-4010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010.

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

CME_SP500-4010
Open High Low SP500-4010 Price Change
372.51 378.67 371.73 377.94 +12.74
Entry Signal

MarketClub’s Trade Triangles for SP500-4010

long term up The long-term trend has been UP since Nov 9th, 2020 at 269.75

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 258.33

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 371.30

Smart Scan Analysis for SP500-4010

Based on our trend formula, SP500-4010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
372.51 378.67 371.73 377.94 +12.74
Prev. Close Volume Bid Ask Time
365.20 125868861 2021-03-01 15:04:38
52wk High374.2952wk High Date2018-01-29
52wk Low303.5152wk Low Date2018-10-24
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