Index Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
S&P 400 Electrical Components & Equipment (Sub Ind) (CME:SP400-20104010)
Long-Term Downtrend (-90) - SP400-20104010 is in a strong downtrend that is likely to continue. While SP400-20104010 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 SP400-20104010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20104010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20104010
The long-term trend has been DOWN since Jul 19th, 2021 at 3053.03
The intermediate-term trend has been DOWN since Jul 15th, 2021 at 3149.91
The short-term trend has been DOWN since Jul 27th, 2021 at 3237.64
Smart Scan Analysis for SP400-20104010
Based on our trend formula, SP400-20104010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2302.51||52wk High Date||2018-09-21|
|52wk Low||1674.19||52wk Low Date||2018-05-01|