Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P 500 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP500-20106010)
Bull Market Weakness (+75) - SP500-20106010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-20106010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-20106010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20106010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20106010
The long-term trend has been DOWN since Jun 17th, 2021 at 1300.37
The intermediate-term trend has been UP since Oct 15th, 2021 at 1255.59
The short-term trend has been UP since Oct 15th, 2021 at 1245.96
Smart Scan Analysis for SP500-20106010
Based on our trend formula, SP500-20106010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1102.14||52wk High Date||2018-01-25|
|52wk Low||726.67||52wk Low Date||2018-10-26|