Free Daily Analysis

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.

CME_SP500-30101020
Open High Low SP500-30101020 Price Change
994.01 1025.79 994.01 1023.99 +28.06
Entry Signal

MarketClub’s Trade Triangles for SP500-30101020

long term up The long-term trend has been UP since Sep 15th, 2020 at 779.33

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2021 at 985.97

short term up 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).

+100
Smart Scan Analysis for SP500-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
994.01 1025.79 994.01 1023.99 +28.06
Prev. Close Volume Bid Ask Time
1023.99 3137952 2021-05-06 16:19:53
52wk High911.2652wk High Date2018-08-24
52wk Low671.7552wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Food Distributors (Sub Ind) (SP500-30101020) - Request Your Free Report.