Index Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
S&P 500 Software & Services (Industry Group) (CME:SP500-4510)
Sidelines Mode (-55) - SP500-4510 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 SP500-4510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4510
The long-term trend has been DOWN since Jan 20th, 2022 at 3538.57
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 2921.05
The short-term trend has been UP since Jul 5th, 2022 at 2973.19
Smart Scan Analysis for SP500-4510
Based on our trend formula, SP500-4510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1919.52||52wk High Date||2018-07-25|
|52wk Low||1498.67||52wk Low Date||2017-12-05|