Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P 500 Consumer Discretionary (Sector) (TR) (CME:SP500-25TR)
Long-Term Downtrend (-90) - SP500-25TR is in a strong downtrend that is likely to continue. While SP500-25TR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-25TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25TR
The long-term trend has been DOWN since Jan 21st, 2022 at 2015.44
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 2002.95
The short-term trend has been DOWN since May 19th, 2022 at 1580.59
Smart Scan Analysis for SP500-25TR
Based on our trend formula, SP500-25TR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1305.09||52wk High Date||2018-10-01|
|52wk Low||1032.55||52wk Low Date||2017-12-01|