Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P 500 -Electronic Components (Sub Ind) (CME:SP500-45203015)
Long-Term Uptrend (+90) - SP500-45203015 is in a strong uptrend that is likely to continue. While SP500-45203015 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-45203015?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45203015.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45203015
The long-term trend has been UP since Mar 15th, 2021 at 322.13
The intermediate-term trend has been UP since Jul 23rd, 2021 at 336.07
The short-term trend has been UP since Jul 29th, 2021 at 337.37
Smart Scan Analysis for SP500-45203015
Based on our trend formula, SP500-45203015 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||258.96||52wk High Date||2018-09-21|
|52wk Low||201.3||52wk Low Date||2018-04-25|