Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P 400 Transportation (Industry Group) (CME:SP400-2030)
Crossroads (-60) - SP400-2030 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP400-2030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-2030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-2030
The long-term trend has been UP since Aug 27th, 2021 at 1010.20
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1192.02
The short-term trend has been DOWN since Jan 14th, 2022 at 1081.74
Smart Scan Analysis for SP400-2030
Based on our trend formula, SP400-2030 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||671.91||52wk High Date||2018-01-23|
|52wk Low||509.01||52wk Low Date||2018-10-29|