Index Trend Analysis Report
Prepared for you on Tuesday, January 31, 2023.
S&P 500 Industrial Gases (Sub Ind) (CME:SP500-15101040)
Long-Term Uptrend (+90) - SP500-15101040 is in a strong uptrend that is likely to continue. While SP500-15101040 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 SP500-15101040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15101040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-15101040
The long-term trend has been UP since Nov 7th, 2022 at 2164.99
The intermediate-term trend has been UP since Jan 13th, 2023 at 2343.41
The short-term trend has been UP since Jan 24th, 2023 at 2317.21
Smart Scan Analysis for SP500-15101040
Based on our trend formula, SP500-15101040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1235.12||52wk High Date||2018-01-25|
|52wk Low||1065.64||52wk Low Date||2018-04-02|