Index Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
S&P 500 Software & Services (Industry Group) (TR) (CME:SP500-4510TR)
Sidelines Mode (-55) - SP500-4510TR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-4510TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4510TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4510TR
The long-term trend has been UP since Jun 2nd, 2020 at 3007.91
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 4471.70
The short-term trend has been UP since Sep 16th, 2021 at 4532.53
Smart Scan Analysis for SP500-4510TR
Based on our trend formula, SP500-4510TR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2231.14||52wk High Date||2018-07-25|
|52wk Low||1733.83||52wk Low Date||2017-12-05|