Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
S&P 500 Information Technology (Sector) (CME:SP500-45)
Crossroads (+60) - SP500-45 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 SP500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45
The long-term trend has been DOWN since Oct 4th, 2021 at 2581.40
The intermediate-term trend has been UP since Oct 18th, 2021 at 2753.59
The short-term trend has been UP since Oct 14th, 2021 at 2689.67
Smart Scan Analysis for SP500-45
Based on our trend formula, SP500-45 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1338.95||52wk High Date||2018-10-03|
|52wk Low||1057.51||52wk Low Date||2018-02-09|