Index Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
S&P 500 Consumer Services (Industry Group) (CME:SP500-2530)
Long-Term Uptrend (+90) - SP500-2530 is in a strong uptrend that is likely to continue. While SP500-2530 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 SP500-2530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2530.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2530
The long-term trend has been UP since Aug 27th, 2020 at 1152.22
The intermediate-term trend has been UP since Jun 1st, 2021 at 1448.62
The short-term trend has been UP since Jun 14th, 2021 at 1442.24
Smart Scan Analysis for SP500-2530
Based on our trend formula, SP500-2530 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1140.09||52wk High Date||2018-01-24|
|52wk Low||966.76||52wk Low Date||2018-06-28|