Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P 400 Airlines (Sub Ind) (CME:SP400-20302010)
Countertrend Down (-85) - SP400-20302010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP400-20302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20302010
The long-term trend has been DOWN since Jun 18th, 2021 at 309.53
The intermediate-term trend has been DOWN since Jan 21st, 2022 at 257.88
The short-term trend has been UP since Jan 27th, 2022 at 256.88
Smart Scan Analysis for SP400-20302010
Based on our trend formula, SP400-20302010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||419.55||52wk High Date||2018-01-16|
|52wk Low||286.61||52wk Low Date||2018-10-25|