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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.
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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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1575.04 | 1581.85 | 1540.10 | 1578.71 | +8.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1569.89 | 0 | 2022-05-23 14:25:57 |
| 52wk High | 1305.09 | 52wk High Date | 2018-10-01 |
| 52wk Low | 1032.55 | 52wk Low Date | 2017-12-01 |