Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
S&P 400 Gold (Sub Ind) (CME:SP400-15104030)
Sidelines Mode (-55) - SP400-15104030 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 SP400-15104030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15104030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-15104030
The long-term trend has been DOWN since Aug 19th, 2021 at 141.58
The intermediate-term trend has been DOWN since Aug 10th, 2021 at 147.25
The short-term trend has been UP since Oct 13th, 2021 at 127.01
Smart Scan Analysis for SP400-15104030
Based on our trend formula, SP400-15104030 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||125.84||52wk High Date||2018-07-05|
|52wk Low||91.12||52wk Low Date||2018-11-13|