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Index Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)

Weak Uptrend (+65) - SP500-3020 is showing signs of weakening momentum to the upside. Monitor SP500-3020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-3020
Open High Low SP500-3020 Price Change
858.57 859.71 854.36 855.39 -0.34
Entry Signal

MarketClub’s Trade Triangles for SP500-3020

long term up The long-term trend has been UP since Dec 13th, 2021 at 788.18

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2022 at 857.15

short term up The short-term trend has been UP since May 24th, 2022 at 841.50

Smart Scan Analysis for SP500-3020

Based on our trend formula, SP500-3020 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SP500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
858.57 859.71 854.36 855.39 -0.34
Prev. Close Volume Bid Ask Time
855.73 47247778 2022-05-27 14:37:38
52wk High742.9452wk High Date2018-01-29
52wk Low604.6752wk Low Date2018-05-15
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