Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
S&P 500 Tobacco (Sub Ind) (CME:SP500-30203010)
Bear Market Rally (-75) - SP500-30203010 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-30203010 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-30203010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30203010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30203010
The long-term trend has been DOWN since Sep 30th, 2021 at 1005.27
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1072.32
The short-term trend has been DOWN since Oct 19th, 2021 at 1036.01
Smart Scan Analysis for SP500-30203010
Based on our trend formula, SP500-30203010 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1328.62||52wk High Date||2017-12-19|
|52wk Low||960.09||52wk Low Date||2018-07-19|