Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P 500 Brewers (Sub Ind) (CME:SP500-30201010)
Bull Market Weakness (+75) - SP500-30201010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-30201010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-30201010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30201010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30201010
The long-term trend has been DOWN since Oct 3rd, 2023 at 714.82
The intermediate-term trend has been UP since Nov 15th, 2023 at 692.45
The short-term trend has been UP since Nov 22nd, 2023 at 690.03
Smart Scan Analysis for SP500-30201010
Based on our trend formula, SP500-30201010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||992.31||52wk High Date||2018-01-11|
|52wk Low||641.89||52wk Low Date||2018-10-26|