Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)
Weak Downtrend (-65) - SP500-25 is showing signs of a strengthening downtrend. Monitor SP500-25 as it may be building momentum to the downside.
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.
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 DOWN since Jan 18th, 2022 at 1515.01
The short-term trend has been DOWN since Jan 14th, 2022 at 1546.88
Smart Scan Analysis for SP500-25
Based on our trend formula, SP500-25 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||946.29||52wk High Date||2018-10-01|
|52wk Low||756.85||52wk Low Date||2017-12-01|