Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P 500 Semiconductor Equipment (Sub Ind) (CME:SP500-45301010)
Bull Market Weakness (+75) - SP500-45301010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-45301010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-45301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45301010
The long-term trend has been UP since Nov 3rd, 2021 at 3030.95
The intermediate-term trend has been DOWN since Dec 3rd, 2021 at 3139.59
The short-term trend has been UP since Dec 7th, 2021 at 3291.30
Smart Scan Analysis for SP500-45301010
Based on our trend formula, SP500-45301010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1258.45||52wk High Date||2018-03-13|
|52wk Low||688.87||52wk Low Date||2018-10-29|