Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
S&P 500 Tobacco (Sub Ind) (CME:SP500-30203010)
Countertrend Up (+85) - SP500-30203010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 9th, 2020 at 907.70
The intermediate-term trend has been UP since Feb 4th, 2021 at 898.56
The short-term trend has been DOWN since Mar 4th, 2021 at 922.37
Smart Scan Analysis for SP500-30203010
Based on our trend formula, SP500-30203010 is rated as a +85 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|