Index Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
S&P 500 Information Technology (Sector) (CME:SP500-45)
Strong Uptrend (+100) - SP500-45 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-45 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45
The long-term trend has been UP since Feb 1st, 2023 at 2427.78
The intermediate-term trend has been UP since Jan 9th, 2023 at 2239.51
The short-term trend has been UP since Jan 23rd, 2023 at 2312.40
Smart Scan Analysis for SP500-45
Based on our trend formula, SP500-45 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1338.95||52wk High Date||2018-10-03|
|52wk Low||1057.51||52wk Low Date||2018-02-09|