Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P 500 Commodity Chemicals (Sub Ind) (CME:SP500-15101010)
Long-Term Uptrend (+90) - SP500-15101010 is in a strong uptrend that is likely to continue. While SP500-15101010 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 SP500-15101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-15101010
The long-term trend has been UP since Jun 5th, 2020 at 124.23
The intermediate-term trend has been UP since May 4th, 2021 at 185.83
The short-term trend has been UP since Apr 28th, 2021 at 179.39
Smart Scan Analysis for SP500-15101010
Based on our trend formula, SP500-15101010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||213.61||52wk High Date||2018-01-29|
|52wk Low||149.96||52wk Low Date||2018-10-30|