Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P 400 Consumer Discretionary (Sector) (CME:SP400-25)
Bear Market Rally (-75) - SP400-25 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP400-25 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP400-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-25
The long-term trend has been DOWN since Dec 17th, 2021 at 1246.88
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 1234.37
The short-term trend has been UP since Jan 26th, 2022 at 1215.22
Smart Scan Analysis for SP400-25
Based on our trend formula, SP400-25 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||848.95||52wk High Date||2018-01-24|
|52wk Low||686.56||52wk Low Date||2018-10-26|