Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P 500 Health Care (Sector) (CME:SP500-35)
Long-Term Uptrend (+90) - SP500-35 is in a strong uptrend that is likely to continue. While SP500-35 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jun 5th, 2020 at 1199.83
The intermediate-term trend has been UP since Jun 24th, 2021 at 1460.55
The short-term trend has been UP since Jul 20th, 2021 at 1504.28
Smart Scan Analysis for SP500-35
Based on our trend formula, SP500-35 is rated as a +90 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|