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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

S&P 500 Materials (Sector) (CME:SP500-15)

Long-Term Downtrend (-90) - SP500-15 is in a strong downtrend that is likely to continue. While SP500-15 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-15
Open High Low SP500-15 Price Change
456.74 456.98 447.50 456.93 -9.33
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 508.53

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 510.51

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 465.57

Smart Scan Analysis for SP500-15

Based on our trend formula, SP500-15 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
456.74 456.98 447.50 456.93 -9.33
Prev. Close Volume Bid Ask Time
456.93 113046173 2022-07-05 17:04:11
52wk High402.1152wk High Date2018-01-26
52wk Low313.4752wk Low Date2018-10-26
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