Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
S&P 500 Construction Materials (Sub Ind) (CME:SP500-15102010)
Bull Market Weakness (+75) - SP500-15102010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-15102010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-15102010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15102010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-15102010
The long-term trend has been DOWN since Feb 23rd, 2022 at 358.52
The intermediate-term trend has been UP since Jul 11th, 2022 at 302.67
The short-term trend has been UP since Jul 18th, 2022 at 305.43
Smart Scan Analysis for SP500-15102010
Based on our trend formula, SP500-15102010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||260.24||52wk High Date||2018-01-26|
|52wk Low||158.38||52wk Low Date||2018-10-29|