Index Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
S&P 500 Software (Industry) (CME:SP500-451030)
Countertrend Down (-85) - SP500-451030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500-451030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-451030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-451030
The long-term trend has been DOWN since Jan 21st, 2022 at 4897.10
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 5646.14
The short-term trend has been UP since Jan 26th, 2022 at 5027.03
Smart Scan Analysis for SP500-451030
Based on our trend formula, SP500-451030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2180.19||52wk High Date||2018-10-01|
|52wk Low||1549.04||52wk Low Date||2017-12-06|