Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)

Countertrend Down (-85) - SP500-5010 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 SP500-5010?

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.

CME_SP500-5010
Open High Low SP500-5010 Price Change
143.91 144.26 142.81 142.91 -0.41
Entry Signal

MarketClub’s Trade Triangles for SP500-5010

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 155.03

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2021 at 158.23

short term up The short-term trend has been UP since Oct 15th, 2021 at 140.82

Smart Scan Analysis for SP500-5010

Based on our trend formula, SP500-5010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-5010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.91 144.26 142.81 142.91 -0.41
Prev. Close Volume Bid Ask Time
143.32 21351084 2021-10-21 10:08:23
52wk High169.5152wk High Date2018-02-01
52wk Low140.3652wk Low Date2018-05-09
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