Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
S&P 500 Food & Staples Retailing (Industry Group) (CME:SP500-3010)
Long-Term Uptrend (+90) - SP500-3010 is in a strong uptrend that is likely to continue. While SP500-3010 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 SP500-3010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-3010
The long-term trend has been UP since May 3rd, 2021 at 586.92
The intermediate-term trend has been UP since Oct 20th, 2021 at 640.26
The short-term trend has been UP since Nov 22nd, 2021 at 672.94
Smart Scan Analysis for SP500-3010
Based on our trend formula, SP500-3010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||460.9||52wk High Date||2018-11-12|
|52wk Low||355.37||52wk Low Date||2018-04-02|