Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
S&P 500 Technology Hardware, Storage & Peripherals (Sub Ind) (CME:SP500-45202030)
Bear Market Rally (-75) - SP500-45202030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-45202030 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-45202030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45202030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45202030
The long-term trend has been DOWN since Mar 4th, 2021 at 527.42
The intermediate-term trend has been DOWN since May 4th, 2021 at 581.90
The short-term trend has been UP since May 14th, 2021 at 564.30
Smart Scan Analysis for SP500-45202030
Based on our trend formula, SP500-45202030 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||273.6076||52wk High Date||2018-10-03|
|52wk Low||182.5735||52wk Low Date||2018-02-09|