Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P 500 Drug Retail (Sub Ind) (CME:SP500-30101010)
Strong Downtrend (-100) - SP500-30101010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-30101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30101010
The long-term trend has been DOWN since Jul 1st, 2021 at 748.92
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 709.51
The short-term trend has been DOWN since Sep 20th, 2021 at 710.17
Smart Scan Analysis for SP500-30101010
Based on our trend formula, SP500-30101010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1254.29||52wk High Date||2018-11-29|
|52wk Low||870.92||52wk Low Date||2018-06-29|