Index Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
S&P 500 Restaurants (Sub Ind) (CME:SP500-25301040)
Long-Term Uptrend (+90) - SP500-25301040 is in a strong uptrend that is likely to continue. While SP500-25301040 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 SP500-25301040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25301040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25301040
The long-term trend has been UP since Jul 28th, 2022 at 2301.52
The intermediate-term trend has been UP since Jul 5th, 2022 at 2174.70
The short-term trend has been UP since Aug 10th, 2022 at 2311.20
Smart Scan Analysis for SP500-25301040
Based on our trend formula, SP500-25301040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1651.91||52wk High Date||2018-11-12|
|52wk Low||1311.2||52wk Low Date||2018-06-28|