Index Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
S&P 500 Chemicals (Industry) (CME:SP500-151010)
Weak Downtrend (-65) - SP500-151010 is showing signs of a strengthening downtrend. Monitor SP500-151010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-151010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-151010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-151010
The long-term trend has been UP since Oct 25th, 2021 at 875.25
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 894.19
The short-term trend has been DOWN since Jan 14th, 2022 at 900.00
Smart Scan Analysis for SP500-151010
Based on our trend formula, SP500-151010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||664.66||52wk High Date||2018-01-26|
|52wk Low||541.58||52wk Low Date||2018-10-26|