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Index Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)

Long-Term Uptrend (+90) - SP500-25 is in a strong uptrend that is likely to continue. While SP500-25 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 SP500-25?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25.

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

CME_SP500-25
Open High Low SP500-25 Price Change
1523.03 1523.59 1514.90 1516.53 -4.37
Entry Signal

MarketClub’s Trade Triangles for SP500-25

long term up The long-term trend has been UP since Apr 7th, 2021 at 1395.85

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 1484.23

short term up The short-term trend has been UP since Oct 7th, 2021 at 1443.27

Smart Scan Analysis for SP500-25

Based on our trend formula, SP500-25 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1523.03 1523.59 1514.90 1516.53 -4.37
Prev. Close Volume Bid Ask Time
1516.53 258898383 2021-10-19 17:05:15
52wk High946.2952wk High Date2018-10-01
52wk Low756.8552wk Low Date2017-12-01
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