Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
S&P 500 Information Technology (Sector) (CME:SP500-45)
Weak Downtrend (-65) - SP500-45 is showing signs of a strengthening downtrend. Monitor SP500-45 as it may be building momentum to the downside.
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 UP since Jun 2nd, 2020 at 1729.36
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 2269.12
The short-term trend has been DOWN since Feb 17th, 2021 at 2396.35
Smart Scan Analysis for SP500-45
Based on our trend formula, SP500-45 is rated as a -70 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|