Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P 400 Homefurnishing Retail (Sub Ind) (CME:SP400-25504060)
Bull Market Weakness (+75) - SP400-25504060 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-25504060 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-25504060?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25504060.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-25504060
The long-term trend has been UP since Aug 26th, 2021 at 314.31
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 282.30
The short-term trend has been UP since Oct 14th, 2021 at 284.64
Smart Scan Analysis for SP400-25504060
Based on our trend formula, SP400-25504060 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||127.85||52wk High Date||2018-08-24|
|52wk Low||94.46||52wk Low Date||2018-05-09|