Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
S&P 500 Electric Utilities (Sub Ind) (CME:SP500-55101010)
Crossroads (-60) - SP500-55101010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-55101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-55101010
The long-term trend has been UP since Apr 13th, 2021 at 374.55
The intermediate-term trend has been DOWN since May 5th, 2021 at 369.27
The short-term trend has been DOWN since May 5th, 2021 at 374.28
Smart Scan Analysis for SP500-55101010
Based on our trend formula, SP500-55101010 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||318.49||52wk High Date||2017-12-01|
|52wk Low||264.54||52wk Low Date||2018-02-06|