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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P 400 Automobiles (Industry) (CME:SP400-251020)

Bear Market Rally (-75) - SP400-251020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP400-251020 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP400-251020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-251020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP400-251020
Open High Low SP400-251020 Price Change
583.51 586.86 567.52 567.85 -11.11
Entry Signal

MarketClub’s Trade Triangles for SP400-251020

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 601.71

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 602.82

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 600.06

Smart Scan Analysis for SP400-251020

Based on our trend formula, SP400-251020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP400-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
583.51 586.86 567.52 567.85 -11.11
Prev. Close Volume Bid Ask Time
567.85 2517573 2021-10-15 16:46:29
52wk High696.8252wk High Date2018-01-24
52wk Low274.1452wk Low Date2018-10-29
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