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Index Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

S&P 500 Industrials (Sector) (CME:SP500-20)

Countertrend Up (+85) - SP500-20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.

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

CME_SP500-20
Open High Low SP500-20 Price Change
871.05 875.39 869.51 873.59 -1.52
Entry Signal

MarketClub’s Trade Triangles for SP500-20

long term up The long-term trend has been UP since Aug 10th, 2020 at 643.96

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2021 at 877.12

short term down The short-term trend has been DOWN since Jul 26th, 2021 at 870.01

Smart Scan Analysis for SP500-20

Based on our trend formula, SP500-20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
871.05 875.39 869.51 873.59 -1.52
Prev. Close Volume Bid Ask Time
873.59 241954045 2021-07-30 16:20:02
52wk High680.8952wk High Date2018-01-29
52wk Low563.0652wk Low Date2018-10-29
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