Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)
Long-Term Downtrend (-90) - SP500-4520 is in a strong downtrend that is likely to continue. While SP500-4520 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4520
The long-term trend has been DOWN since Mar 14th, 2022 at 2906.32
The intermediate-term trend has been DOWN since Apr 14th, 2022 at 3102.31
The short-term trend has been DOWN since Jun 29th, 2022 at 2596.57
Smart Scan Analysis for SP500-4520
Based on our trend formula, SP500-4520 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1368.94||52wk High Date||2018-10-03|
|52wk Low||961.25||52wk Low Date||2018-02-09|