Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P 400 Automotive Retail (Sub Ind) (CME:SP400-25504050)
Long-Term Uptrend (+90) - SP400-25504050 is in a strong uptrend that is likely to continue. While SP400-25504050 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-25504050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25504050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-25504050
The long-term trend has been UP since Jul 21st, 2021 at 1413.40
The intermediate-term trend has been UP since Sep 16th, 2021 at 1366.05
The short-term trend has been UP since Oct 7th, 2021 at 1355.96
Smart Scan Analysis for SP400-25504050
Based on our trend formula, SP400-25504050 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||793.9||52wk High Date||2018-01-26|
|52wk Low||554.23||52wk Low Date||2018-05-01|