Index Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
S&P 500 - Commercial Services & Supplies (Industry) (CME:SP500-202010)
Long-Term Uptrend (+90) - SP500-202010 is in a strong uptrend that is likely to continue. While SP500-202010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-202010
The long-term trend has been UP since Jul 29th, 2022 at 577.09
The intermediate-term trend has been UP since Mar 14th, 2023 at 572.05
The short-term trend has been UP since May 30th, 2023 at 628.60
Smart Scan Analysis for SP500-202010
Based on our trend formula, SP500-202010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||321.81||52wk High Date||2018-09-11|
|52wk Low||260.6||52wk Low Date||2018-02-09|