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Index Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

S&P 500 Construction Materials (Industry) (CME:SP500-151020)

Sidelines Mode (-55) - SP500-151020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-151020.

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

CME_SP500-151020
Open High Low SP500-151020 Price Change
397.24 408.09 394.90 402.26 +9.74
Entry Signal

MarketClub’s Trade Triangles for SP500-151020

long term up The long-term trend has been UP since Jul 22nd, 2020 at 241.35

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 395.69

short term up The short-term trend has been UP since Dec 3rd, 2021 at 402.73

Smart Scan Analysis for SP500-151020

Based on our trend formula, SP500-151020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
397.24 408.09 394.90 402.26 +9.74
Prev. Close Volume Bid Ask Time
392.52 1077234 2021-12-06 16:20:08
52wk High260.2452wk High Date2018-01-26
52wk Low158.3852wk Low Date2018-10-29
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