Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P 500 Construction & Engineering (Industry) (CME:SP500-201030)
Bull Market Weakness (+75) - SP500-201030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-201030 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-201030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-201030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-201030
The long-term trend has been UP since Aug 25th, 2021 at 527.95
The intermediate-term trend has been UP since Jul 29th, 2021 at 473.22
The short-term trend has been DOWN since Sep 20th, 2021 at 595.73
Smart Scan Analysis for SP500-201030
Based on our trend formula, SP500-201030 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||307.73||52wk High Date||2018-01-29|
|52wk Low||241.41||52wk Low Date||2018-05-07|