Index Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
S&P 500 Tobacco (Sub Ind) (CME:SP500-30203010)
Bull Market Weakness (+75) - SP500-30203010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-30203010 as it may be in the beginning stages 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 Jun 22nd, 2022 at 993.57
The intermediate-term trend has been UP since Jul 27th, 2022 at 1005.09
The short-term trend has been UP since Aug 11th, 2022 at 1020.06
Smart Scan Analysis for SP500-30203010
Based on our trend formula, SP500-30203010 is rated as a +70 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|