Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
S&P 400 Financials (Sector) (CME:SP400-40)
Long-Term Uptrend (+90) - SP400-40 is in a strong uptrend that is likely to continue. While SP400-40 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 SP400-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-40
The long-term trend has been UP since Oct 23rd, 2020 at 848.64
The intermediate-term trend has been UP since Oct 5th, 2020 at 785.33
The short-term trend has been UP since Apr 12th, 2021 at 1189.12
Smart Scan Analysis for SP400-40
Based on our trend formula, SP400-40 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1086.75||52wk High Date||2018-03-13|
|52wk Low||869.45||52wk Low Date||2018-10-24|