Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)
Bull Market Weakness (+75) - SP500-5010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-5010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-5010
The long-term trend has been UP since Dec 2nd, 2020 at 160.16
The intermediate-term trend has been DOWN since Dec 21st, 2020 at 158.01
The short-term trend has been UP since Mar 3rd, 2021 at 152.03
Smart Scan Analysis for SP500-5010
Based on our trend formula, SP500-5010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||169.51||52wk High Date||2018-02-01|
|52wk Low||140.36||52wk Low Date||2018-05-09|