Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P 500 Fertilizers & Agricultural Chemicals (Sub Industry) (CME:SP500-15101030)
Bear Market Rally (-75) - SP500-15101030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-15101030 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-15101030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15101030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-15101030
The long-term trend has been DOWN since Jan 3rd, 2023 at 2599.03
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 2059.49
The short-term trend has been UP since Dec 8th, 2023 at 1955.49
Smart Scan Analysis for SP500-15101030
Based on our trend formula, SP500-15101030 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1626.81||52wk High Date||2018-10-04|
|52wk Low||1231.19||52wk Low Date||2018-04-04|