Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Crossroads (-60) - SP500-3520 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-3520
The long-term trend has been UP since Dec 15th, 2021 at 1271.23
The intermediate-term trend has been DOWN since Jan 13th, 2022 at 1236.64
The short-term trend has been DOWN since Jan 13th, 2022 at 1238.14
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||941.92||52wk High Date||2018-10-03|
|52wk Low||775.13||52wk Low Date||2018-05-03|