Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
S&P 400 Multiline Retail (Industry) (CME:SP400-255030)
Countertrend Down (-85) - SP400-255030 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 SP400-255030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-255030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-255030
The long-term trend has been DOWN since Jun 4th, 2021 at 2987.03
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 2933.25
The short-term trend has been UP since Oct 14th, 2021 at 2472.53
Smart Scan Analysis for SP400-255030
Based on our trend formula, SP400-255030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2240.56||52wk High Date||2018-03-02|
|52wk Low||1630.39||52wk Low Date||2018-05-09|