Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P 400 Food Retail (Sub Ind) (CME:SP400-30101030)
Long-Term Uptrend (+90) - SP400-30101030 is in a strong uptrend that is likely to continue. While SP400-30101030 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 SP400-30101030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-30101030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-30101030
The long-term trend has been UP since Nov 23rd, 2021 at 6211.14
The intermediate-term trend has been UP since Oct 15th, 2021 at 5567.35
The short-term trend has been UP since Dec 6th, 2021 at 6175.18
Smart Scan Analysis for SP400-30101030
Based on our trend formula, SP400-30101030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5431.96||52wk High Date||2018-09-11|
|52wk Low||3893.33||52wk Low Date||2018-06-12|