Index Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
S&P 500 Construction Materials (Sub Ind) (CME:SP500-15102010)
Sidelines Mode (-55) - SP500-15102010 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 SP500-15102010?
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 UP since May 4th, 2023 at 388.56
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 429.07
The short-term trend has been UP since Sep 27th, 2023 at 407.39
Smart Scan Analysis for SP500-15102010
Based on our trend formula, SP500-15102010 is rated as a -55 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|