Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
S&P 500 Health Care Equipment & Supplies (Industry) (CME:SP500-351010)
Bull Market Weakness (+75) - SP500-351010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-351010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-351010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-351010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-351010
The long-term trend has been UP since Jun 5th, 2020 at 1726.22
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 2497.25
The short-term trend has been UP since Oct 14th, 2021 at 2389.83
Smart Scan Analysis for SP500-351010
Based on our trend formula, SP500-351010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1563.16||52wk High Date||2018-10-01|
|52wk Low||1196.74||52wk Low Date||2018-02-09|