Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
S&P 500 Energy (Sector) (TR) (CME:SP500-10TR)
Sidelines Mode (+55) - SP500-10TR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-10TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-10TR
The long-term trend has been UP since Oct 4th, 2021 at 838.77
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 879.22
The short-term trend has been UP since Dec 3rd, 2021 at 870.53
Smart Scan Analysis for SP500-10TR
Based on our trend formula, SP500-10TR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1027.85||52wk High Date||2018-10-09|
|52wk Low||826.8||52wk Low Date||2018-02-09|