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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.
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MarketClub’s Trade Triangles for SP500-20
The long-term trend has been UP since Aug 10th, 2020 at 643.96
The intermediate-term trend has been UP since Jul 21st, 2021 at 877.12
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).
| 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 High | 680.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 563.06 | 52wk Low Date | 2018-10-29 |