Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
S&P 500 IT Services (Industry) (CME:SP500-451020)
Crossroads (-60) - SP500-451020 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 SP500-451020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-451020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-451020
The long-term trend has been UP since Nov 25th, 2020 at 606.42
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 615.51
The short-term trend has been DOWN since Mar 4th, 2021 at 627.93
Smart Scan Analysis for SP500-451020
Based on our trend formula, SP500-451020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||446.86||52wk High Date||2018-09-21|
|52wk Low||349.82||52wk Low Date||2017-12-05|