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Index Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

S&P 500 Utilities (Sector) (TR) (CME:SP500-55TR)

Bear Market Rally (-75) - SP500-55TR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-55TR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP500-55TR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55TR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-55TR
Open High Low SP500-55TR Price Change
1037.78 1048.37 1032.51 1046.17 +8.39
Entry Signal

MarketClub’s Trade Triangles for SP500-55TR

long term down The long-term trend has been DOWN since Jun 14th, 2022 at 990.62

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1056.23

short term up The short-term trend has been UP since Jun 22nd, 2022 at 996.38

Smart Scan Analysis for SP500-55TR

Based on our trend formula, SP500-55TR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP500-55TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1037.78 1048.37 1032.51 1046.17 +8.39
Prev. Close Volume Bid Ask Time
1046.17 0 2022-06-27 17:12:15
52wk High740.1552wk High Date2018-11-20
52wk Low613.352wk Low Date2018-02-06
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