Index Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
S&P 500 Household Appliances (Sub Ind) (CME:SP500-25201040)
Countertrend Down (-85) - SP500-25201040 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500-25201040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25201040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25201040
The long-term trend has been DOWN since Mar 1st, 2023 at 454.55
The intermediate-term trend has been DOWN since Feb 8th, 2023 at 484.97
The short-term trend has been UP since Mar 29th, 2023 at 432.41
Smart Scan Analysis for SP500-25201040
Based on our trend formula, SP500-25201040 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||628.47||52wk High Date||2018-01-25|
|52wk Low||342.88||52wk Low Date||2018-10-26|