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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.
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MarketClub’s Trade Triangles for SP500-25
The long-term trend has been UP since Apr 7th, 2021 at 1395.85
The intermediate-term trend has been UP since Sep 27th, 2021 at 1484.23
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).
| 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 High | 946.29 | 52wk High Date | 2018-10-01 |
| 52wk Low | 756.85 | 52wk Low Date | 2017-12-01 |