Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
S&P 500 Food Distributors (Sub Ind) (CME:SP500-30101020)
Strong Uptrend (+100) - SP500-30101020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-30101020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP500-30101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30101020
The long-term trend has been UP since Sep 15th, 2020 at 779.33
The intermediate-term trend has been UP since Apr 21st, 2021 at 985.97
The short-term trend has been UP since May 6th, 2021 at 1021.23
Smart Scan Analysis for SP500-30101020
Based on our trend formula, SP500-30101020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||911.26||52wk High Date||2018-08-24|
|52wk Low||671.75||52wk Low Date||2018-02-06|