Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P 500 Health Care (Sector) (CME:SP500-35)
Weak Downtrend (-65) - SP500-35 is showing signs of a strengthening downtrend. Monitor SP500-35 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-35?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-35
The long-term trend has been UP since Dec 15th, 2021 at 1594.93
The intermediate-term trend has been DOWN since Jan 7th, 2022 at 1564.71
The short-term trend has been DOWN since Jan 14th, 2022 at 1563.06
Smart Scan Analysis for SP500-35
Based on our trend formula, SP500-35 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1112.21||52wk High Date||2018-10-01|
|52wk Low||912.01||52wk Low Date||2018-04-02|